1121 Jameson Street, Weatherford, Texas, 76086
$5,160,000
51,520 Sqft
4.05 Acres
0 ba
#21405728
Calling All Investors! Offered at $86,000 per unit. Opportunity to acquire a 60-unit performing multifamily asset in Weatherford with current cash flow and a clear path to measurable NOI growth. Jameson Street Apartments offers below-market rents and a de-risked value-add strategy centered on minor tenant-facing upgrades and measured rent optimization—not a heavy redevelopment program. The property includes a mix of 1BR, 2BR and 3BR units and is operated on an all-bills-paid basis. Major capital items have already been addressed, including TPO roofs, replacement of Federal Pacific0Stab-Lok electrical panels, pool improvements and recent parking lot resurfacing. Individual HVAC systems and central tankless hot water further reduce the scope of the remaining business plan. Current rents remain below comparable properties, providing an opportunity to increase revenue gradually as units turn while maintaining an attractive affordability position. Remaining improvements are primarily tenant-facing items such as selective LVP flooring, cabinet hardware and bathroom mirrors. The property also has existing Freddie Mac financing at a 6.59% fixed rate with interest-only payments through March 2028, potentially assumable subject to lender approval and buyer qualification. Contact broker for OM, financials, rent roll and access to the property deal room.
PROPERTY FEATURES
- 60 Unit(s)
- Utilities : City Sewer,Community Mailbox,Electricity Connected,Master Gas Meter,Master Water Meter
- Community Features: Laundry
- Parking Features: Asphalt,Open
- 100 Parking Space(s)
- Lot Features : Acreage
- Lot Features : Flat
- Pool Features:Fenced,Gunite,In Ground,Outdoor Pool
- Cooling: Central Air
- Heating : Central
- Construction Materials: Brick,Metal Siding
- Foundation Details: Slab
- Interior Features: Cable TV Available,High Speed Internet Available
- Appliances : Gas Range,Refrigerator
- Flooring : Carpet,Linoleum,Tile
- Windows Features: Window Coverings
- Levels : Two
- Green Verification Count : 0
- Title Company Preferred: National Title Group
PROPERTY DETAILS
ID: 21405728
Status: Active
Price: $5,160,000
Acres: 4.05 Acres
Price Per Acre: $1,274,074
Type: Condo/ Townhome/ Apartment
Address: 1121 Jameson Street
City, State: Weatherford, Texas
County: Parker
Zip Code: 76086
Lat/Long: 32.761313, -97.777896
These properties have been added to favorites!
These properties have been removed from favorites!




