Multifamily Property for Sale in Fort Worth, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Fort Worth, TX 76112
Description
Marcus & Millichap is pleased to present the exclusive listing of Dylan, a 122-unit apartment community located in Fort Worth, Texas. The property offers a compelling value-add opportunity through interior renovations, with more than 80% of units featuring classic or partially upgraded finishes and the ability to achieve approximately $100 rent premiums. Additional upside exists through multiple ancillary income initiatives, including optimizing covered parking and storage, introducing reserved parking, and expanding the washer/dryer leasing program. Further value can be created through amenity enhancements such as adding a dog park and converting underutilized space into a fitness center. Featuring a highly desirable unit mix with approximately 87% two- and three-bedroom layouts, and located near major employment and entertainment drivers with excellent regional connectivity, Dylan presents a strong opportunity for both income growth and long-term appreciation. Investment Highlights: • $100 rent upside through interior renovations plus multiple ancillary income streams • Parking, storage, and W/D programs provide high-margin revenue growth • Large unit mix with 87% 2- and 3-bedroom units supports strong leasing demand
Market Context
This multifamily in Fort Worth, TX is listed for sale. It has been on the market for 113 days. Compare it against other multifamily listings for sale in Fort Worth, TX — view the full market.
As of Q1 2026, the Dallas / Fort Worth multifamily market showed average asking rents near $2832.00/unit/mo, rents up 0.8% year over year, and cap rates around 5.7%. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Dallas / Fort Worth?
- About 5.7% as of Q1 2026, per multiple brokerage reports.
Contact
- Nick Fluellen · (972) 755-5214 · nick.fluellen@marcusmillichap.com
- Bard Hoover · (972) 755-5216 · bard.hoover@marcusmillichap.com
- John Brickson · (972) 755-5269 · john.brickson@marcusmillichap.com
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