FORT WORTH-A portfolio of three class B- multifamily properties – two foreclosed communities and one in receivership – has hit the market with a list price of $14.45 million.
Marketed by Wells Asset Management Inc. of Dallas, the properties include: Oakwood Estates, a 280-unit community; Oak Village, a 152-unit community; and Carlyle Crossing, a 138-unit community. All three properties are located in southwest Fort Worth between Interstate 20 and Interstate 30.
JER Partners foreclosed on Oak Village and Carlyle Crossing. The lender also holds the note on Oakwood Estates, which is in receivership.
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