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Talk about a royal SteeleTalk about a royal Steelehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=204922018-07-03T05:00:00Z2018-07-03T20:55:00Z

​​​Image of the Prince Hall Apartments.​FORT WORTH – A Denver-based developer has purchased a Section 8 apartment complex, located at 4820 E. Barry St., with plans to rehabilitate the property.

Steele Properties has partnered with Fort Worth Housing Solutions to purchase the Prince Hall Apartments for $10.5 million.

Constructed in 1968, the 76-unit complex encompasses ten two-story buildings that hold one-, two-, and three-bedroom units.

Steele plans to spend $45,000 per unit on renovations such as new roofs, windows, HVAC systems, as well as plumbing and electrical upgrades, and new kitchens and bathrooms.

It will also renovate the complex’s community room, adding a computer lab, kitchen, playground, and upgraded laundry facility.
Dallas Business Journal
Dallas-Fort Worth-Arlington
Multifamily
https://www.bizjournals.com/dallas/news/2018/06/28/steele-properties-fort-worth-section-8-apartments.html

​Check out Dallas-Fort Worth-Arlington Multifamily Market Research.

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