NEW OFFERING MEMORANDUM, FINANCIALS, AND RENT ROLL WILL BE AVAILABLE MONDAY, JULY 24. Location, land value, excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units, 16 completed updated, 4 some updates (long term residents). All 1 bd, 1 bth. Close to Magnolia District, TCU, Medical District, public trnsprtn. Renovated boutique style community. New flooring, tile, paint, and fixtures. 2 walk in closets in each bedroom! Most kitchens have all new stainless steel appliances. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) New Pavement parking lot and paint assigned spaces (2023) Cosmetic updates completed over 3 yrs. Professionally managed. Seller will not seller finance or carry any portion of the loan. Title is already open at Independence Title and will not be moved.
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Ellen Johnston Cell: (817) 992-6400 Office: (817) 992-6400 Email
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