Section 8 SFR Portfolio in Fort Worth, TX - $1.65M Asking Price, $130k NOI
Financial Details
- Asking Price:
- $1,650,000
- Cash Flow / SDE:
- $129,546
- Profit Metric:
- NOI
- Valuation Multiple:
- 12.7x
- Location:
- Fort Worth, TX, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents an attractive opportunity to acquire a portfolio of six Section 8 single-family rental homes located in Fort Worth, Texas (Tarrant County). Built in 2023 and still under builder warranty, these properties offer modern construction and are fully tenanted with professional property management already in place, making it a turnkey investment for existing investors. The portfolio is valued based on its strong cash flow, with a Net Operating Income (NOI) of $129,546 annually, which includes expenses such as property management, maintenance reserves, HOA fees, utilities, insurance, and property taxes. The estimated purchase price cap rate is 7.8%, indicating a focus on yield rather than immediate property appreciation. The owner is an individual seeking to sell due to personal circumstances and is open to creative, off-market deal structures. Rents are consistent across Dallas, Fort Worth, and Tarrant County housing authorities, demonstrating market stability. This is an excellent opportunity to invest in a growing market with a reliable income stream.
Industry Information
- Industry Description:
- Real Estate Investment - Section 8 Housing Portfolio
- Classification:
- Financial Services
Operational Snapshot
- Year Established:
- 2023
- Reason for Selling:
- Personal circumstances
Real Estate & Lease
- Status:
- For_sale
- Real Estate Price:
- $1,650,000 USD
Listing Details
- Listing ID:
- 014f1a70-0349-4a21-8b9c-bcca3a5caa0e
- Deal Status:
- For Sale
- Date Posted:
- July 03, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD