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Welcome to Riata Apartments, a rare multi-family investment opportunity in Fort Worth! This 5-unit property offers a total of 3,400 SQFT and is priced at a super competitive pricing point , giving savvy investors the chance to acquire a true value-add project with exceptional upside potential. The property includes five unique units: Unit I 1 bed 1 bath Unit G – Studio Unit H – 2 bed 1 bath Unit M – 2 bed 1 bath Unit N – 4 bed 2 bath This diverse unit mix allows for multiple rental strategies and broad tenant appeal, from single professionals and couples to families seeking more space. Once renovated, Riata Apartments could generate strong, stable income across a variety of lease structures. All units require a full renovation, including flooring, kitchens, bathrooms, paint, roof, electrical, plumbing, and appliances. While the property is currently in rough condition, it represents the perfect blank canvas for investors with vision. With the right rehab plan, Riata Apartments can be transformed into a modern, attractive multi-family community positioned to serve the strong rental demand in Fort Worth. The surrounding area continues to see robust population and job growth, making affordable rentals a sought-after commodity. At this price point, the cost per square foot and per unit is well below market averages, leaving plenty of room for value-add improvements and long-term equity growth. Bring your contractor and your creativity—this is not just a property, it’s a business opportunity. Whether your goal is buy-and-hold for cash flow, reposition and refinance, or renovate and resell, Riata Apartments offers the framework for exceptional returns in one of Texas’ most dynamic rental markets.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
Our team of real estate agents is very experienced in all aspects of real estate in the North Texas area. Our contacts in the industry among builders, surveyors, and land planners are invaluable for our clients. We are looking forward to serving you and showing some of the finest homes in the North Texas area! Contact us using this form or give us a call, and let’s get started!
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C4 Home and Land Team, PLLC
Corporate Office
101 E. Park Blvd., Ste 600
Plano, TX 75074
Phone: 214-760-6770 – DFW
Phone: 903-560-4975 – Fannin County
Our mission is to ensure your home buying, home selling, or relocation process are stress-free by leveraging our vast knowledge of local markets and strong negotiating skills to help you get the best price on your home.
The real estate market is changing every day. You need an experienced real estate team like C4 Home and Land, who tracks interest rates and buying and selling market trends, to help you decide the best time to buy or sell a home.
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