6626 Reeves St | Richland Hills, TX 76118
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This Multifamily Property is no longer advertised on LoopNet.ca.
6626 Reeves St
Richland Hills, TX 76118
Richland Court · Multifamily Property For Sale
·
46 Units

INVESTMENT HIGHLIGHTS
- Prime Location: Just 15 minutes from Downtown Ft. Worth, DFW Airport, and major highways, with proximity to malls and key amenities.
- Community Benefits: Located near bustling intersections, retail outlets, and educational institutions
- Capital Improvements: Over $1M invested in both exterior and interior upgrades, enhancing aesthetic appeal and functionality.
- Upside Potential: Numerous value-add opportunities available
- Well-Maintained Asset: Strong unit mix, individual HVAC, and hot water systems.
- Financing Options: Positive leverage with assumable FSBL proceeds and favorable fixed rates, offering flexibility for potential buyers.
PROPERTY FACTS
| No. Units | 46 | Building Size | 37,900 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1970 |
| Building Class | C | Parking Ratio | 2.03/1,000 SF |
| Lot Size | 1.68 AC | ||
| Zoning | R-4, Richland Hills - Residential | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.68 AC |
| Building Size | 37,900 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 2.03/1,000 SF |
| Zoning | R-4, Richland Hills - Residential |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Disposal
- Ceiling Fans
- Ice Maker
- Walk-In Closets
- Carpet
- Pantry
- Patio
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 26 | - | 650 |
| 2+1.5 | 20 | - | 1,050 |
LINKS
PROPERTY TAXES
| Parcel Number | 42072466 | Improvements Assessment | $5,270,038 |
| Land Assessment | $199,842 | Total Assessment | $5,469,880 |
PROPERTY TAXES
Parcel Number
42072466
Land Assessment
$199,842
Improvements Assessment
$5,270,038
Total Assessment
$5,469,880
Listing ID: 31158235
Date on Market: 2024-03-08
Last Updated:
Address: 6626 Reeves St, Richland Hills, TX 76118
The Multifamily Property at 6626 Reeves St, Richland Hills, TX 76118 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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