Under contract

106 E Josephine Ave, Weatherford, TX 76086

Sqft
19,400

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCLARK REAL ESTATE GROUP
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Overview

Improved Cap Rate 8.9% due to lease rate increases. LOCATION LOCATION LOCATION!!! The Chateau Apartments – A Premier Investment Opportunity in the Heart of Weatherford.
The Chateau Apartments offer an exceptional blend of stability, convenience, and long-term performance. With tenants who move in and rarely move out, this community consistently demonstrates outstanding resident retention and a solid 100% occupancy rate.
Ideally situated within effortless walking distance of virtually every amenity one could desire, the property enjoys an unbeatable location. Gibson’s , CVS, and many restraints are directly next door, and the Weatherford Courthouse is just steps away—close enough to reach with a well-placed golf swing.
Recent capital improvements include a new roof installed in 2025, along with freshly sealed and striped parking areas, ensuring the exterior remains both attractive and well-protected. Residents benefit from ample covered parking, an on-site laundromat, and a welcoming courtyard fountain that enhances the community’s charm.
Under the same ownership and management since 2006, the property has been meticulously maintained by a reliable local maintenance team. This level of consistent care positions the Chateau Apartments as one of the strongest multifamily investment opportunities currently available in Parker County.
P&L and RR are in the transaction desk.
The owner is also offering the Casa Del Sol Apartment Complex (MLS# 21126626), creating the potential for a compelling combined acquisition.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
2
Square feet
19,400
Lot size (acres)
0.91
Year built
1969

Utilities

Heating
Electric
Cooling
Electric

Estimated monthly costs

Insurance
$1,549

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21126662 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.