55+ Quadplex Development TIC Opportunity in Fort Worth, TX Metro
$6,000,000
For Sale
9976
Property ID
Description
29 fully developed quadplex lots positioned for an active-adult community, with horizontal development complete — vertical construction can begin immediately. A highly desirable location directly across from Lake Worth and around the corner from Loop 820, with an estimated 4-year build-to-stabilization timeline. Total raise over time: $6.0M.
Because the lots are already developed, this deal compresses the highest-risk, earliest phase of the project. Investors entering via 1031 into the TIC begin earning a preferred return sooner, with a clearer line of sight to stabilization and the 721 conversion into Fund units.
Address
Address:
Lake Worth, TX, USA
- Province / State: Texas
- City / Town: Lake Worth
- Postal code / ZIP: 76135
- Property ID 9976
- Price $6,000,000
- Property Type Duplex/Triplex/Fourplex
- Property status For Sale
- Label Under Contract
- Number of Units 116