FCA Closed on the Sale of Victorian Quarters at Team Ranch in Texas
WHEATON, Ill., (January 14, 2016) – First Capital Advisors, LLC (FCA) purchased Victorian Quarters at Team Ranch in Benbrook, Texas, with joint-venture partner Adams LaSalle Realty.
“Finding such a unique apartment complex in the Fort Worth area adds another region to our Texas multifamily portfolio,” said Chris Pope, CEO of First Capital Advisors.
Victorian Quarters at Team Ranch is a 248 unit apartment complex located in southwest Fort Worth and is approximately 12 miles from downtown. This multifamily property offers tenants one, two and three bedroom units with some having fireplaces and/or a garage. Amenities include a lounge area complete with a fireplace, full kitchen, and a flat screen television. It also has a resort style swimming pool, grills, laundry center, fitness center, covered parking, and attached a business center.
Victorian Quarters has easy access to multiple major highways including the new Chisholm Trail Parkway. The complex is also near Ridgmar Malls, La Gran Plaza, Hulen and is less than 15 minutes away from Fort Worth’s CBD and Cultural Center.
First Capital Advisors, LLC is a fully integrated, self-administered and self-managed real estate investment firm focusing on the acquisition, ownership, and management of high quality real estate throughout the United States. First Capital is an affiliate of First Trust Portfolios L.P., a financial services firm founded in 1991. Additional information about First Capital Advisors can be found at the company’s website at fca-grp.com.