Multifamily
Coho
312 W Terrell Ave, Fort Worth, TX 76104
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of CoHo, a 54-unit Class A boutique apartment community located in Fort Worth, Texas. Completed in 2021, the property features a highly differentiated product offering highlighted by 44 thoughtfully designed studio residences equipped with innovative Ori® transformable living systems that maximize functionality and appeal to today's urban renter. New ownership can further increase revenue by implementing a bulk cable and internet program projected to generate more than $22,000 in annual net income, expanding the furnished unit program that has achieved rent premiums of up to $600 per month from traveling medical professionals, and fully implementing the recently increased amenity fee to generate an additional $15,000+ annually. Ideally located within Fort Worth's highly desirable Near Southside neighborhood, CoHo offers walkable access to entertainment, dining, and nightlife while benefiting from proximity to the Medical District, Texas Christian University, Downtown Fort Worth, and exceptional regional connectivity throughout the Metroplex.
Investment Highlights
- Class A boutique community built in 2021 featuring rooftop deck, gated parking garage, resident lounge, and premium amenities
- Expand the furnished unit program and implement bulk cable & internet to create more than $37K in additional annual ancillary income
- Prime Near Southside location minutes from Fort Worth's Medical District, Downtown, TCU, and major employment centers
Listing Price: Request For Offer
Investment Highlights
- Class A boutique community built in 2021 featuring rooftop deck, gated parking garage, resident lounge, and premium amenities
- Expand the furnished unit program and implement bulk cable & internet to create more than $37K in additional annual ancillary income
- Prime Near Southside location minutes from Fort Worth's Medical District, Downtown, TCU, and major employment centers
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of CoHo, a 54-unit Class A boutique apartment community located in Fort Worth, Texas. Completed in 2021, the property features a highly differentiated product offering highlighted by 44 thoughtfully designed studio residences equipped with innovative Ori® transformable living systems that maximize functionality and appeal to today's urban renter. New ownership can further increase revenue by implementing a bulk cable and internet program projected to generate more than $22,000 in annual net income, expanding the furnished unit program that has achieved rent premiums of up to $600 per month from traveling medical professionals, and fully implementing the recently increased amenity fee to generate an additional $15,000+ annually. Ideally located within Fort Worth's highly desirable Near Southside neighborhood, CoHo offers walkable access to entertainment, dining, and nightlife while benefiting from proximity to the Medical District, Texas Christian University, Downtown Fort Worth, and exceptional regional connectivity throughout the Metroplex.