Unique Cash Flow Opportunity
Rowan Multifamily Advisors is pleased to announce the exclusive listing of the Southgate Manor Apartments in Fort Worth, TX. This 158-unit community was constructed in 1963 and consists of studio, one, two and three-bedroom units with an average size of 739 square feet per unit. Southgate Manor is located on East Seminary Drive just East of Interstate 35 West, providing easy access to downtown Fort Worth. The current owner has infused a significant amount of capital into the property during their ownership period which includes a completely remodeled leasing office, clubroom, two outdoor grilling areas with pergolas, upgrading unit interiors, etc.