Currently Improved Property with a Duplex consisting of 2 Units 3 BR 2 Bath 1,110 sq ft each on a 6750 sq ft lot; 2nd Parcel and lot located at 3233 S University also with a Duplex for sale to be combined as a bundle so each duplex is priced at $1,000,000; Opportunity for investment and redevelopment for Multi-Family; This prime location provides an irreplaceable opportunity for investors looking to provide much-needed student housing next to a top-tier college campus. Property is situated just a couple of blocks from the prestigious Texas Christian University (TCU) Campus. Investment Considerations:
· Rare entitlement advantage in a constrained housing submarket
· Strong historical appreciation and rental demand
· This submarket has demonstrated robust fundamentals, including a 92% increase in rental rates since 2021 and a 235% increase in price per square foot over the past decade.
Don’t miss your chance to own this remarkable student housing property in the bustling city of Fort Worth.