265-Unit Value-Add Multifamily Opportunity with $7.2M+ in Recent Capital Improvements | Fort Worth, TX

Colliers is pleased to offer Villas at Cantamar, a 265-unit multifamily community located in the Western Hills North submarket of Fort Worth, Texas. Situated just ten minutes from Downtown Fort Worth and the Medical District, the property benefits from direct access to Interstate 30 and Loop 820 and is located within close proximity to major employment drivers including Lockheed Martin and Naval Air Station Joint Reserve Base. Built in 1971, the two-story community features expansive floor plans averaging nearly 900 square feet, with a strong concentration of two- and three-bedroom units well suited to the surrounding workforce housing demand. Since 2019, ownership has invested over $7.2 million in capital improvements—approximately $27,200 per unit—primarily addressing high-cost mechanical systems including roofs, chiller and cooling tower replacement, boilers, and significant plumbing upgrades. The property is currently 92% leased following a successful operational recovery and offers additional upside through continued stabilization, optionality within laundry operations, and potential unit enhancements. Villas at Cantamar is offered with assumable Freddie Mac financing, providing an attractive cost-of-capital advantage in today’s lending environment.