Greysteel arranged the sale of University Village, a 16-unit multifamily property in Fort Worth, Texas.
Centrally located and less than a block from Texas Christian University, University Village is the closest off-campus housing option to TCU. Essential amenities for students are within walking distance and include Kroger Fresh Fare, two national banks, multiple coffee shops, a dozen casual restaurants and a 7-Eleven.
Zoned BU-CX-3, University Village will provide future owners with predictable cash flow while planning for future development in the Berry/University Urban Village that the Fort Worth City Council created in 2017. The Commercial Mixed-Use District is intended to provide for a variety of residential, retail, service and commercial uses at a variety of scales and intensities in a pedestrian-friendly environment.