The Nolan Apartments

The Multifamily Group is proud to present the exclusive offering of The Nolan, an all-bills-paid, value-add investment opportunity located in Fort Worth, Texas. Built in 1968, the property comprises 100 units with an average size of 982 square feet and features one-, two-, and three-bedroom floor plans. Over half of the units are two- or three-bedroom layouts exceeding 1,000 square feet. Currently 57% occupied, The Nolan stands in a submarket with strong occupancy levels of 92% (Yardi). The seller, Vista Bank, is providing attractive lender financing, contact a TMG broker for additional information.

Value-Add:

Implement tenants paying for electricity.

Introduce RUBS for water.

Renovate the interiors of all of the units.

Implement a bulk cable and internet package (quote from Spectrum is available upon request.)

Location:

The Nolan Apartments are strategically located in the established Wedgwood neighborhood of Fort Worth, positioned directly along South Hulen Street, one of the area’s primary retail and commuter corridors. Residents benefit from immediate access to a wide range of conveniences, with Hulen Plaza, Hulen Square, and multiple shopping centers located less than a mile from the property. The area offers an abundance of national retailers, daily-needs services, restaurants, and entertainment options, making it a highly convenient location for renters. The property is also situated within close proximity to major employment centers, medical providers, and educational institutions, including Texas Christian University, offering excellent accessibility to key demand drivers across the southwest Fort Worth submarket. Additionally, residents enjoy quick connectivity to some of the city’s top recreational attractions, such as the Fort Worth Zoo, the Botanic Garden, and the Cultural District, all within a short drive.