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Description

Las Mariposas is a 180 unit, 1970 built multifamily asset located at 2100 East Loop 820 in Fort Worth, Texas. Las Mariposas has excellent visibility from Interstate 820 with easy access to Interstate 30, retailers, and near Eastern Hills Elementary and High Schools. The property consists of 30 buildings spread over 7.87 acres and brick and veneer exteriors, concrete slab foundations, asphalt parking lot, and mature trees and shrubs. Common area amenities include but not limited access to laundry facilities throughout the property, a swimming pool, and hot tub, children’s playground area, iron perimeter fencing, clubhouse, on site property management staff member, and 24-hour maintenance.


Highlights:
Rare 180 Unit Multifamily Value-Added Opportunity Located in Fort Worth, TX

Potential to Improve Returns Through Capital Improvements & Utilizing RUBS System

Ability to Obtain Fresh Debt with Historic Low Interest Rates

Over $1.3 Million in Reported Capital Improvements

Ninety Seven Percent of Interior Units Untouched

All Brand-New Roofs Replaced in 2021

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Mark Allen CCIM
  • Mark Allen CCIM
  • +1 817 723 4274
  • +1 972 759 7835
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