Richland Court

For Sale

6626 Reeves Street, Richland Hills, TX 76118

This Richland Hills property for sale is located at 6626 Reeves Street.

Contacts

broker

Byron Griffith

GREA

(972) 432-7436

broker

Angel Flores

GREA

(972) 232-2325

broker

Craig Jasso

GREA

(214) 986-5316

Property Details

Richland Court Apartments & Townhomes is a renovated 46-unit multifamily community located in Richland Hills, a suburb of Fort Worth. The property was built in 1970 and is comprised of 5, two-story buildings with brick siding, situated on a total area of 1.68 acres. Richland Court offers spacious and well-appointed one- and two-bedroom floor plans. Amenities may vary by unit and include vinyl wood plank flooring throughout, fully equipped kitchens and contemporary bathrooms with tiled tub and shower surrounds. A property management office is on-site, and ample parking spaces are provided.    

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Highlights

  • Prime Location: Just 15 minutes from Downtown Ft. Worth, DFW Airport, and major highways, with proximity to malls and key amenities.
  • Upside Potential: Under new management for 12 months, economic vacancy improving in the last 6 months. Numerous value-add opportunities available, including exterior revitalization, utility improvements, and amenities enhancement.
  • Community Benefits: Located near bustling intersections, retail outlets, and educational institutions. Strong median household income within a 3-mile radius.
  • Well-Maintained Asset: Strong unit mix, individual HVAC, and hot water systems. Features include ample parking, clothes care facility, and select units with premium upgrades.
  • Capital Improvements: Over $1M invested in both exterior and interior upgrades, enhancing aesthetic appeal and functionality.
  • Financing Options: Positive leverage with assumable FSBL proceeds and favorable fixed rates, offering flexibility for potential buyers.

Attachments

Getting around

  • 67/100

    Walk Score ®

  • 48/100

    Bike Score ®

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Location

  • City Richland Hills, TX
  • Neighborhood North Richland Hills
  • Zip Code 76118
  • Market Dallas Fort Worth

Points of Interest

  • North Richland Hills/Iron Horse

    1.61 miles

  • Richland Hills

    2.00 miles

  • North Richland Hills/Smithfield

    2.81 miles

  • Mercantile Center

    3.67 miles

  • Bell

    4.67 miles

  • North Side

    6.62 miles

  • Grapevine Vintage Railroad Tickets

    7.23 miles

  • Fort Worth Central

    7.63 miles

  • Fort Worth T&P

    8.04 miles

  • QuikTrip

    0.57 miles

  • Sam's Club

    1.37 miles

  • Chevron

    1.61 miles

  • QuikTrip

    1.88 miles

  • Exxon

    1.90 miles

  • Shell

    1.96 miles

  • Texaco

    2.39 miles

  • QuikTrip

    2.59 miles

  • Walmart Fuel Station

    2.71 miles

  • QuikTrip

    2.74 miles

  • Painted Tree Marketplace - Parking Lot

    1.15 miles

  • Iron Horse Station- Park-n-Ride

    1.59 miles

  • TRE Richland Hills - Park and ride

    2.03 miles

  • Smithfield Station - Park and Ride

    2.74 miles

  • Mercantile Center Station - Park and Ride

    3.58 miles

  • Mercantil Center - Park-n-Ride

    3.75 miles

  • Plant 2 Parking Lot (Bell Helicopter)

    4.05 miles

  • South Parking Lot (Bell Helicopter)

    4.37 miles

  • East Parking Lot (Bell Helicopter)

    4.53 miles

  • East Parking Lot Annex (Bell Helicopter)

    4.61 miles

  • Travelodge by Wyndham North Richland Hills/Dallas/Ft Worth

    1.31 miles

  • Fairfield Inn & Suites

    1.40 miles

  • Americas Best Value Inn Ft. Worth Hurst

    1.63 miles

  • Quality Inn & Suites North Richland Hills

    2.00 miles

  • Hilton Garden Inn Dallas at Hurst Conference Center

    2.42 miles

  • Hampton Inn & Suites

    2.65 miles

  • Holiday Inn Express & Suites

    2.68 miles

  • Candlewood Suites Dallas Fort Worth Fossil Creek

    2.74 miles

  • Super 8 Fort Worth North

    3.61 miles

  • Crossland Economy Studios - Fort Worth - Fossil Creek

    3.62 miles

  • Walmart Neighborhood Market

    1.10 miles

  • Walmart Supercenter

    1.36 miles

  • TJ Maxx

    1.61 miles

  • Ross

    1.62 miles

  • North East Mall

    1.78 miles

  • Save-A-Lot

    2.16 miles

  • Kroger

    2.28 miles

  • Aldi

    2.60 miles

  • Walmart Neighborhood Market

    2.66 miles

  • SuperTarget

    2.79 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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