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  • Properties
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The Carmen & The Celine

Fort Worth, 

TX

The Carmen & The Celine

Under Contract

Investment Overview

Attractive Basis Opportunity on Two Well-Maintained Communities
1985 and 1986 vintage assets with strong curb appeal and significant upside through operational improvements

Minimal Deferred Maintenance with Strong Physical Infrastructure
Pitched roofs replaced in 2024, individual HVAC systems, and washer/dryer connections in every unit support long-term stability

Smart Lock Technology Installed Across Both Properties
Modern access systems enhance resident convenience, operational efficiency, and property security

Flexible Acquisition Opportunity
Available for purchase individually or as a combined portfolio investment

Prime West Fort Worth Location
Minutes from Downtown Fort Worth, Lockheed Martin, Amazon, Joint Reserve Base, and Walsh Ranch

Occupancy Trending Positively Under New Asset Management
The Celine currently 83% occupied and The Carmen 72% occupied following implementation of new management in May 2025

Attractive Bridge Financing Available
Flexible acquisition financing structure supports lease-up execution and early cash flow enhancement

The Carmen

9200 North Normandale Street
Fort Worth,
 TX
264 Units |
 Built in 1985

The Celine

9001 North Normandale Street
Fort Worth,
 TX
256 Units |
 Built in 1986

The Carmen

264 Units |

Built in 1985

The Celine

256 Units |

Built in 1986

Exclusively Listed By

Bard Hoover

Senior Managing Director Investments
(972) 755-5216 direct
Send Email
License: TX 610697

Nick Fluellen, CCIM

Executive Managing Director Investments
(972) 755-5214 direct
Send Email
License: TX 0521943

Wes Racht

Managing Director Investments
DFW Market Specialist
(972) 755-5168 direct
Send Email
License: TX 633414

John Brickson

Managing Director
Capital Markets
(972) 755-5269 direct
Send Email
  • Properties
    • Current Listings
    • Secondary Markets
    • 75 Units & Under (DFW)
  • Our Team
  • Our Process
  • Recent Closings
  • Contact
  • Properties
    • Current Listings
    • Secondary Markets
    • 75 Units & Under (DFW)
  • Our Team
  • Our Process
  • Recent Closings
  • Contact
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(972) 755-5264

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The representations contained on this website are provided based on information deemed reliable, though has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction. Marcus & Millichap Real Estate Investment Services’s name and logo are used herein for informational purposes only. Nick Fluellen, Fluellen Group, LLC, Wes Racht, and EI2 Ventures, LLC are licensed real estate brokers in the state of Texas. Bard Hoover, David Fersing, Alex Clark, John Darrell, Matt Aslan, John McGregor, Alec Schenk, Evan De Blanc, Shaun Kennedy, Nila Neik, and Colton Hoppe are licensed salespersons in the state of Texas and affiliated with and sponsored by Marcus & Millichap Real Estate Investment Services, Inc.