Westmount Realty Capital acquires River Park, a 27-building multifamily community in Fort Worth

Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort Worth. Built in 1985, this well-maintained, 27-building community sits on 9.8 acres and offers a mix of one- and two-bedroom units.

“River Park presented Westmount with the opportunity to acquire a well-maintained multifamily community with significant value-add potential in a strong submarket of Fort Worth,” said Michael Anderson, managing director-multifamily acquisitions at Westmount. “Along with interior and exterior renovations, Westmount will modernize and reactivate the property’s amenity package which will include an updated clubhouse, outdoor Wi-Fi, contemporary pool furnishings, a new community package locker system and the addition of 60 covered parking spaces.”

River Park offers open floorplans with wood-like flooring, wood burning fireplaces, stainless steel appliances, ceiling fans in both the living rooms and bedrooms, washer/dryer connections and spacious patios with additional storage. The community provides residents with a large fitness center, a business center, a complimentary coffee bar, a courtesy kitchen and two on-site laundry centers. Exterior amenities include an outdoor pavilion with a flat screen television, fire pit, kitchen, bar area, gas grills and ample seating; a swimming pool with a fountain and lounge area; multiple gathering spaces with seating; and an on-site dog park with benches.

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