Ridgmar Townhomes

Fort Worth, TX

Info For Buyers

Summary

  • Price Market
  • Address 2109 Remington St
  • City, State Zip Ft. Worth, TX 76116
  • # of Units 60
  • Rentable SF 64,600 SF
  • Year Built 1984

Ridgmar Townhomes is a value-add, 60-unit multifamily community located in the Ridgmar neighborhood in west Fort Worth. Built in 1984 and situated on 2.36 acres, the property consists of 15, two-story, townhouse-style apartment buildings of masonry / brick construction. Ridgmar Townhomes offers spacious floor plans including studios measuring 900 square feet each, one-bedroom / one- and one-half bathroom units, and a variety of two-bedroom units that feature one- and one-half bathrooms, two full baths, or two- and one-half bathrooms. Attached garages with direct unit access are offered. Amenities include faux-hardwood flooring, upgraded wood cabinetry, countertops, and backsplashes in the kitchens, and private patios / balconies. The well-maintained grounds feature open green spaces accented with mature shade trees.

Investment Highlights

In the Ridgmar Neighborhood near Lockheed Martin & Naval Air Station, employing 34,000+.

Close to Ridgmar Mall, 115 stores, median home price $449K.

5% population growth, 2.3% rent growth, attracting higher-income residents.
Rents trail competitors by $156/unit. 80% classic units with proven upside.

Increase ancillary revenue through washer and dryer appliance rentals, valet trash, and smart home tech.

Spacious townhomes (avg. 1077 sqft) with carport/garage, washer and dryer connections, and backyards/patios.

Team

Mark Allen

Executive Managing Director
GREA
972.865.6328

Esther Cho

Managing Director
GREA
972.449.0440