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TexasMultifamily

Rise48 Equity buys 323-unit apartment complex in Fort Worth

March 14, 2024
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Photo courtesy of Rise48.

Rise48 Equity acquired Copperfield Apartments in Fort Worth, Texas.

This 323-unit complex marks the company’s 49th acquisition since 2019 and its ninth in the Dallas market, further strengthening its Texas portfolio.

Rise48 Equity has plans to invest over $9 million in revitalizing Copperfield Apartments, which will soon be rebranded as Rise Spring Pointe. The property renovations include:

  • Platinum-level interior upgrades: White shaker doors, Quartz countertops, plumbing fixtures, stainless steel appliances, vinyl flooring, and updated lighting.
  • Transformative exterior: Fresh 3-tone paint, pool area improvements, a redesigned leasing office, landscaping enhancements, and a new LED-backlit monument sign.
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