5933 SHADYDELL Drive Active

Fort Worth,TX 76135

$ 6120000

72 Beds

0 Bath

38880 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 38,880 sqft

Price per Sqft $157

Subdivision Shadydell

MLS Listing ID 20607886

Bedrooms 72

HOA Y/N None

Total Fin. Sqft 38880

Year Built 1985

Lot Size 2.850 Acres

Acres 2.85

Property Description

Offering package sale of 9 Fourplexes townhomes (36 Units) , 2 stories Built year 1985 and Renovated 30 units in 2022,2023 and 6 units can be improved to fetch higher rent to increase value. This will be a good Strategy Value-Add multifamily for the positive cash-flow. The current average effective rent $1300, whereas the average market rent is $1500.
Most of occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow.
Great brick fourplex with 90% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included. Rentable Sqft 38880 Sqft, Total Land 2.85 Acres, Configuration 2 Bed and 1 ½ Bath.
**Seller is willing to sell the individual fourplexes with quick closing**
DO NOT DISTURB TENANTS! *Showings is not allowed until the offer is executed and the proof of funds are submitted*

Location

State TX

County Tarrant

Direction PLEASE FOLLOW GPS

Interior

Interior Features Walk-In Closet(s)

Heating Electric

Cooling Electric

Flooring Carpet,Ceramic Tile,Laminate

Fireplaces Type Living Room

Appliance Dishwasher,Electric Range,Microwave,Refrigerator

Heat Source Electric

Exterior

Utilities Available City Sewer,City Water

Roof Type Asphalt

Garage No

Building

Story Two

Foundation Other

Level or Stories Two

Structure Type Brick,Siding

Schools

Elementary Schools Greenfield

Middle Schools Ed Willkie

High Schools Chisholm Trail

School District Eagle Mt-Saginaw Isd

Others

Ownership tax records

Acceptable Financing 1031 Exchange,Cash,Contact Agent,Conventional

Listing Terms 1031 Exchange,Cash,Contact Agent,Conventional

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