Weatherford, TX 76086 106 E Josephine Avenue
$2,500,000



22 more






















Presented By: Dan Goad with CLARK REAL ESTATE GROUP; 817-458-0402
Home Details
LOCATION LOCATION LOCATION!!! The Chateau Apartments – A Premier Investment Opportunity in the Heart of Weatherford. 6% Cap Rate.
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 and CVS 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 statements are available upon request.
The owner is also offering the Casa Del Sol Apartment Complex (MLS# 21126626), creating the potential for a compelling combined acquisition.
Presented By: Dan Goad with CLARK REAL ESTATE GROUP; 817-458-0402
Interior Features for 106 E Josephine Avenue
Bathrooms
Total Baths
Other Interior Features
Unit Count4
Lock Box TypeNone
FlooringCarpet, Ceramic Tile, Simulated Wood
Interior FeaturesOpen Floorplan
Total Units23
General for 106 E Josephine Avenue
# of Buildings3
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
Capitalization Rate5.97
CityWeatherford
Community FeaturesLaundry
Complex NameChateau Apartments
Construction MaterialsBrick
CoolingElectric
CountyParker
DirectionsFrom Weatherford Town Square, travel South on Main St. Turn left on West Josephine St. Apartments on the right. Just south of Gibson's and CVS.
Elementary SchoolIkard
Elementary School NameIkard
Gross Annual Expenses94280.00
HOA TypeNone
HeatingElectric
High SchoolWeatherford
Insurance Expense18588
LevelsTwo
Listing Terms1031 Exchange, Cash, Contract, Conventional
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance, Maintenance Grounds, Pest Control, Supplies, Trash, Utilities, Water/Sewer
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofFlat
School DistrictWeatherford ISD
Standard StatusActive
StatusActive
Subdivision NameBrackene
Unexempt Taxes23951
UtilitiesCity Sewer, City Water, Master Gas Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1969
Year Built DetailsPreowned
Exterior for 106 E Josephine Avenue
Building Area Total19400.00
Foundation Slab
Lot Size Acres0.9140
Lot Size Area0.9140
Lot Size Square Feet39813.8400
Lot Size UnitsAcres
Number Of Parking Spaces15
Parking FeaturesOpen, Outside
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Ikard Elementary School
Middle School
N/A
Travis Westover
Austin Realtor


