312 West Terrell Avenue (The CoHo Apartments)

The Asset Story

We bought The CoHo Apartments because we knew this pocket of Fort Worth better than almost anyone; we’d owned the property next door for nearly a decade and had watched the neighborhood quietly evolve. Built in 2022 and thoughtfully designed from the ground up, CoHo introduced a smart micro-unit concept that blended modern living, flexibility, and affordability, an idea we’d seen succeed in other cities and believed Fort Worth was ready for. Positioned between South Main and Magnolia Avenue, with coffee shops, restaurants, and energy buildings all around, it sat right in the path of growth we’d been watching for years.

The opportunity came down to timing. Like many projects delivered during a rapidly changing market, the original builder faced a very different environment at completion than when construction began, creating the need to exit despite delivering a high-quality, brand-new asset. That allowed us to step in and acquire a newly built property at an attractive basis, well below replacement cost, while continuing the vision with the hands-on attention it needed. With ownership-level care, strong community spaces, and a focus on day-to-day execution, we believed CoHo could thrive both immediately and as Fort Worth continues to grow.