Neuhaus Lake Worth

About Neuhaus Lake Worth

The Cushman & Wakefield Texas Multifamily Advisory Group is pleased to present Neuhaus Lake Worth, a 288-unit, Class A community completed in 2023 offering modern interior finishes, efficient floor plans, and a comprehensive amenity package tailored to today’s renter. Ideally situated in the growing West Fort Worth / Lake Worth submarket, the property provides residents convenient access to major transportation corridors, including Loop 820 and Highway 199, connecting directly to key employment centers across Fort Worth and the broader DFW Metroplex. The location benefits from strong suburban growth dynamics, proximity to retail and daily needs, and continued residential and commercial expansion. Neuhaus Lake Worth features a well-balanced unit mix with spacious one, two, and three bedroom layouts averaging 967 square feet, designed to appeal to a broad renter base seeking quality, flexibility, and value. Residents enjoy modern finishes and a professionally managed environment, while the community generates additional income through ancillary revenue streams including garages, fees, and utility reimbursements. With strong in-place occupancy (~92%), modest loss-to-lease, and embedded concessions burn-off, the asset offers a clear path to revenue optimization through operational refinement and leasing momentum as the property continues to stabilize. Positioned as a recently delivered, institutionally maintained asset in a high-growth corridor, Neuhaus Lake Worth presents investors with the opportunity to acquire a high-quality community at a compelling basis relative to replacement cost while capturing near-term NOI growth and long-term value creation.