Contacts
Byron Griffith
GREA
(972) 432-7436
Angel Flores
GREA
(972) 232-2325
Craig Jasso
GREA
(214) 986-5316
Property Details
- Property Type Other
- Property Size 37,900 SF
- Units 46
- Year Built 1970
- Date Updated Apr 25, 2024
- Website richlandcourt.sharplaunch.com
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
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Location
- City Richland Hills, TX
- Neighborhood North Richland Hills
- Zip Code 76118
- Market Dallas Fort Worth
Points of Interest
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North Richland Hills/Iron Horse
1.61 miles
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Richland Hills
2.00 miles
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North Richland Hills/Smithfield
2.81 miles
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Mercantile Center
3.67 miles
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Bell
4.67 miles
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North Side
6.62 miles
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Grapevine Vintage Railroad Tickets
7.23 miles
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Fort Worth Central
7.63 miles
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Fort Worth T&P
8.04 miles
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QuikTrip
0.57 miles
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Sam's Club
1.37 miles
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Chevron
1.61 miles
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QuikTrip
1.88 miles
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Exxon
1.90 miles
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Shell
1.96 miles
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Texaco
2.39 miles
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QuikTrip
2.59 miles
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Walmart Fuel Station
2.71 miles
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QuikTrip
2.74 miles
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Painted Tree Marketplace - Parking Lot
1.15 miles
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Iron Horse Station- Park-n-Ride
1.59 miles
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TRE Richland Hills - Park and ride
2.03 miles
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Smithfield Station - Park and Ride
2.74 miles
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Mercantile Center Station - Park and Ride
3.58 miles
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Mercantil Center - Park-n-Ride
3.75 miles
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Plant 2 Parking Lot (Bell Helicopter)
4.05 miles
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South Parking Lot (Bell Helicopter)
4.37 miles
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East Parking Lot (Bell Helicopter)
4.53 miles
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East Parking Lot Annex (Bell Helicopter)
4.61 miles
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Travelodge by Wyndham North Richland Hills/Dallas/Ft Worth
1.31 miles
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Fairfield Inn & Suites
1.40 miles
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Americas Best Value Inn Ft. Worth Hurst
1.63 miles
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Quality Inn & Suites North Richland Hills
2.00 miles
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Hilton Garden Inn Dallas at Hurst Conference Center
2.42 miles
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Hampton Inn & Suites
2.65 miles
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Holiday Inn Express & Suites
2.68 miles
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Candlewood Suites Dallas Fort Worth Fossil Creek
2.74 miles
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Super 8 Fort Worth North
3.61 miles
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Crossland Economy Studios - Fort Worth - Fossil Creek
3.62 miles
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Walmart Neighborhood Market
1.10 miles
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Walmart Supercenter
1.36 miles
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TJ Maxx
1.61 miles
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Ross
1.62 miles
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North East Mall
1.78 miles
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Save-A-Lot
2.16 miles
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Kroger
2.28 miles
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Aldi
2.60 miles
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Walmart Neighborhood Market
2.66 miles
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SuperTarget
2.79 miles
In-Depth Research Available for this Property
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