APEX Apartments, Fort Worth Texas
I am delighted about this update and the progress that has been made by our partners on APEX. We felt this asset had great upside potential, and we are starting to see their hard work show in the occupancy rates and the numbers. - Parker Smith COO We have some excellent updates on APEX Apartments asset in Fort Worth, Texas. The asset management has shown remarkable performance improvement over recent months. Occupancy rates jumped from 84% at the end of April to 93.4% currently. A total of 68 units have already been renovated, and the ...
Apex – 152 Apartment Units Forth Worth, Texas
We are very happy to announce that CalTier Fund 1, LP has made another participating investment into a multi-family asset with our new partner Bakerson and Camino Verde Group. This is incredibly exciting for us at CalTier and for our investors because we have had our eye on the Dallas/Forth Worth area for some time now, waiting for the right opportunity that fit our target deal metrics. Bakerson is an experienced operator and has done a fantastic job in finding this asset. Asset Details: 152 units (16 1 Bd/1Ba, 96 2Bd/1Ba, 40 3Bd/1.5Ba) 134,800 SF Constructed 1968 7.5 Acres property ...