Westmount Realty Capital Acquires River Park, a 27-Building Multifamily Community in Fort Worth
Today, Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort Worth. Built in 1985, this well-maintained, 27-building community sits on 9.8 acres and offers a mix of one- and two-bedroom units.
“River Park presented Westmount with the opportunity to acquire a well-maintained multifamily community with significant value-add potential in a strong submarket of Fort Worth,” said Michael Anderson, managing director – multifamily acquisitions at Westmount. “Along with interior and exterior renovations, Westmount will modernize and reactivate the property’s amenity package which will include an updated clubhouse, outdoor Wi-Fi, contemporary pool furnishings, a new community package locker system and the addition of 60 covered parking spaces.”
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4 年Great Value Add opportunity!
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