Completed in 2021, Ramble & Rose is a five-story podium-style apartment complex with a parking garage, an infinity-edge swimming pool, a fitness center, private training rooms, and an arcade lounge.
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Ramble & Rose, a 275-unit apartment property in Fort Worth, Texas.
“Ramble & Rose is a stabilized Class A multifamily asset with a history of high occupancy and strong rent growth,” said Michael Ware, IPA senior managing director. Ware, Drew Kile, Joey Tumminello, Taylor Hill and Jack Windham, represented the seller, S2 Capital, and procured the buyer.
Ramble & Rose is in Fort Worth’s Near Southside Medical District, just south of Downtown. The Texas Health Harris Methodist Hospital, Cook Children’s Medical Center, and JPS Hospital are in the immediate Area. Magnolia Village, a historic street lined with popular restaurants, bars, and entertainment is adjacent to the property.
Apartments have 10-foot ceilings, high-speed internet, and stainless-steel appliances. Select units have mudrooms, and patios and balconies with landscaped courtyards.
“IPA in Texas provides investors with a large inventory of high-quality multifamily investment opportunities in every market, offering local market research and sales expertise in Dallas-Fort Worth, Houston, Austin, and San Antonio,” said Will Balthrope, IPA executive managing director.
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end.
Institutional Property Advisors (IPA) is a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios.
