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Cumberland at Ridglea Class-A Luxury Apartment Community Pat Tate / Drew Tate (512) 474-8283 |
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| Commercial & Exchange - Basic Features | |||||
| List Price: | $250,000 (min purch) | Units: | 244 | Type: | Multi-Family |
 | 6025 Milburn Street Fort Worth, TX 76116 |
MLS#: | Ridglea | Status: | Recently Closed |
| Year Built: | 2005 | Occupancy: | 84.84% * | ||
| Cash-on-Cash: | 6.02% (Yr. 1 Approx.) * | 5 Yr. Avg. Yield: | 7.02% (Approx.) * | CAP Rate: | 6.39% (pro forma) * |
| Feature Details | |||||
| Minimum Purchase: | $250,000 | ||||
| Additional Information |
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All positions in this particular center are sold, but other opportunities exist! Call for current inventory. This 244 unit Class-A multifamily property is centrally located approximately 4 miles from downtown Fort Worth, between Interstate 20 and Interstate 30 and within walking distance of the Ridgelea Country Club, Camp Bouie Shopping Center and many restaurants, shops and entertainment venues. Offered as a fractional deed co-ownership opportunity with a minimum investment of $250,000. Qualifies for 1031 Exchange or new money investment. For additional property information Click Here. (Call or email for password first.) Click Here to learn more about Fractional Deed Co-Ownership. (Call or email for password first.) |
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