- For Sale Contact for pricing
- Property Type Other
- Lot Size 9.59 SF
- Year Built 1971
- Year Renovated 1980
- Date Updated Jun 24, 2026
Description
Sierra Gardens offers a compelling mark-to-market multifamily investment in Fort Worth’s established Ridgmar submarket. The 235-unit workforce housing community is the most cosmetically updated asset in its competitive set yet currently trades at a meaningful rent discount, providing immediate upside with limited capital investment. A diverse unit mix—including studios through three-bedroom units—supports durable demand from workforce renters seeking attainable housing. Located near major employment drivers such as NAS Fort Worth and Lockheed Martin, and within the Ridgmar retail corridor with convenient access to national retailers, Sierra Gardens presents a stabilized asset with clear pathways to rent growth and long-term occupancy strength.
Available
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