312 W Rentz St, Weatherford, TX 76086

Beds
36
Baths
12
Sqft
10,452

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Listed byReady Real Estate LLC
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Overview

EXCEPTIONAL 12-UNIT VALUE-ADD OPPORTUNITY, 100% OCCUPIED, WEATHERFORD, TX
Rare chance to acquire a fully stabilized, cash-flowing 12-unit apartment complex in one of North Texas's fastest-growing exurban markets. Situated on 0.70 acres in the heart of Weatherford (Parker County), this turnkey asset is currently 100% leased with strong in-place rents and proven, sustained demand.
The all 3 bedroom, 1 bath unit mix is a standout in this submarket, appealing to families and roommates alike and supporting both rent premiums and low turnover. Units have been tastefully remodeled, featuring fresh paint, hard surface flooring throughout, updated lighting, updated bathroom finishes, spacious bedrooms, and bright natural light. Each unit offers a large living area with separate dining and kitchen space and is individually metered. Tenants pay their own utilities, keeping owner expenses low and NOI strong. Off street parking and a quiet, established community setting round out the appeal.
The financials tell the story: stable rental income, a lean operating expense profile, and meaningful value add upside through continued rent optimization and unit improvements. This is a true pride of ownership investment that performs today while leaving room to grow.
Tenants enjoy quick access to historic downtown Weatherford, shopping, dining, and major employers, with an easy commute to Fort Worth via I-20. The property sits within Weatherford ISD and minutes from local schools and parks, factors that keep occupancy high and tenants in place.
Ideal for first time multifamily buyers, 1031 exchange investors, or seasoned operators seeking dependable cash flow plus upside.
PLEASE DO NOT DISTURB TENANTS. All units are occupied. Interior inspections will be permitted only after an executed contract. Please do not approach or disrupt residents. Financials, rent roll, and pro forma available to qualified buyers upon request.??????

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
2
Number of bedrooms
36
Number of bathrooms
12
Square feet
10,452
Lot size (acres)
0.70
Year built
1971

Exterior features

Horse amenities
Stable

Utilities

Heating
Electric
Cooling
Wall Units, Electric

Estimated monthly costs

Insurance
$1,028

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®#: 21286056 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.