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Attributes
Year Built | 1999 |
Building Area Net |
|
Land Area Net |
|
Rentable Area |
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Number of units | 350 |
Occupancy | 94.0 % |
Call for Offers | 2022-07-13 |
Asset Description
Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Firestone West 7th (the “Property”) a 350-unit Class A asset in Fort Worth, TX. The Property is ideally positioned between the Fort Worth CBD and the booming West 7th district, which is one of the most pedestrian-friendly areas in Fort Worth. This exceptional location offers residents a true live-work-play environment. In addition, Firestone West 7th has seen significant effective rental increases as the Property has achieved approximately $165 increases on renewals and $195 on new leases.
Investment Highlights
- Institutional, Trophy Asset in the Urban Core
- Adjacent to the largest employment center in Fort Worth
- Walkable location near the West 7th Entertainment Epicenter
- Direct access to the Fort Worth Medical District
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