Jarrad Principe & Anthony Wonderly Of Bellrock Real Estate Partners Acquire Student Housing In Fort Worth

The transaction involved a 40-acre student housing property known as Village at West Seminary, located at 4201 William Fleming Court and 2000 West Seminary Drive in Fort Worth. The property consists of 376 units, including 252 units built in 2012, and older townhomes constructed between 1976 and 1995. The price for this acquisition remains undisclosed.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: Undisclosed
• Units: 376
• Acres: 40
• Buyer: Jarrad Principe & Anthony Wonderly - Bellrock Real Estate Partners
• Seller: Southwestern Baptist Theological Seminary
• Broker: Transwestern
• Renovation Plans: Approximately $5M
• Future Use: Transitioning to public multifamily rentals

Jarrad Principe and Anthony Wonderly represented Bellrock Real Estate Partners in this acquisition from Southwestern Baptist Theological Seminary. The broker facilitating the transaction was Transwestern.