312 W Rentz St, Weatherford, TX 76086

$1,349,000
: 36
BD
: 12
BA

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List Price: $1,349,000
Price Change: ▼ $100,000 1783880853
MLS#: 21286056
Status: ACTIVE
Type: Condo
Subtype: ResidentialIncome
Year Built: 1971
Construction Status: Preowned
Bedrooms: 36
Full Baths: 12
Acres: 0.70
County: Parker
City: Weatherford
Subdivision: S Anderson
Building Name: Rentz Park Apartments

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Property Description

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.??????

817-776-8319

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