Western
Fort Worth, TX
Overview
Summary
- Address 7700 Chapin Rd, Fort Worth, TX
- # Units 9
- Rentable SF 9,996 SF
- Year Built 1979
The Western Apartments is a renovated 9-unit apartment community located in the Western Hills / Ridglea submarket of Fort Worth in Tarrant County, TX. Built in 1979 and situated on 0.53 acres, the property is an improved two-story, townhouse-style apartment building of masonry / brick construction. The Western offers spacious and remodeled two-bedroom / one- and one-half bathroom units. Amenities include fully equipped kitchens with stainless steel appliances, upgraded countertops, new flooring, and a private yard/patio. The property provides 18 covered parking spots as well. The corner-lot property is professionally maintained and features large, open spaces and mature shade trees.
Highlights
The property is located in the Ridglea submarket and is just minutes from the Ridglea Country Club and within a 15 minute drive west of Downtown Fort Worth, Texas Christian University, the Medical District, and the Fort Worth Botanic Garden.
Offering attractive floor plans, residents get to enjoy the comforts of inhabiting large units over 1,100 SF with two bedrooms and one full-sized bathroom upstairs and a half bath downstairs. Main bedroom includes a walk-in closet.
Updates include stainless steel over-the-range microwave, flat surface stove top, and dishwasher. Kitchen and bathrooms offer stone countertops, LVP or tile downstairs, updated light fixtures and hardware, tile surround bathtubs, and black and stainless steel appliances.
Current owner spent over $80k in capex over the last year. Extensive list of projects include the following: Foundation repair for entire building, which included installation of 68 pressed piles with warranty; Carport roof repair; Replaced cast iron with PVC in select units where needed; Added handrails to all steps at front of building and new fence along back of building
Forward moving repairs and maintenance expenses are projected to be significantly lower now that current owner has addressed known issues by addressing leaks and foundation issues. Current owner also evicted non-paying tenants and re-tenanted with screened tenants and full security deposits.
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