About 106 E Josephine Avenue
Improved Cap Rate 8.9% due to lease rate increases. LOCATION LOCATION LOCATION!!! The Chateau Apartments – A Premier Investment Opportunity in the Heart of Weatherford. The Chateau Apartments offer an exceptional blend of stability, convenience, and long-term performance. With tenants who move in and rarely move out, this community consistently demonstrates outstanding resident retention and a solid 100% occupancy rate. Ideally situated within effortless walking distance of virtually every amenity one could desire, the property enjoys an unbeatable location. Gibson’s , CVS, and many restraints are directly next door, and the Weatherford Courthouse is just steps away—close enough to reach with a well-placed golf swing. Recent capital improvements include a new roof installed in 2025, along with freshly sealed and striped parking areas, ensuring the exterior remains both attractive and well-protected. Residents benefit from ample covered parking, an on-site laundromat, and a welcoming courtyard fountain that enhances the community’s charm. Under the same ownership and management since 2006, the property has been meticulously maintained by a reliable local maintenance team. This level of consistent care positions the Chateau Apartments as one of the strongest multifamily investment opportunities currently available in Parker County. P&L and RR are in the transaction desk. The owner is also offering the Casa Del Sol Apartment Complex (MLS# 21126626), creating the potential for a compelling combined acquisition.
Features of 106 E Josephine Avenue
| MLS® # | 21126662 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 0.00 |
| Acres | 0.91 |
| Year Built | 1969 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active Under Contract |
Community Information
| Address | 106 E Josephine Avenue |
|---|---|
| Subdivision | Brackene |
| City | Weatherford |
| County | Parker |
| State | TX |
| Zip Code | 76086 |
Amenities
| Utilities | City Sewer, City Water, Master Gas Meter |
|---|---|
| Features | Laundry |
| Parking Spaces | 15 |
| Garages | Open, Outside |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Open Floorplan |
|---|---|
| Heating | Electric |
| Fireplace | No |
Exterior
| Roof | Flat |
|---|---|
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Weatherford ISD |
|---|---|
| Elementary | Ikard |
| Middle | Hall |
| High | Weatherford |
Listing Details
| Agent | Dan Goad |
|---|---|
| Office | CLARK REAL ESTATE GROUP |
| Contact Info | (817) 458-0402 |
| Office Contact | (817) 458-0402 |
