5933 SHADYDELL DRIVE
Fort Worth, TX 76135
34560 sqft | 64 beds | 2.85 acres | #20607886
Description
Offering package sale of 8 Fourplexes townhomes (32 Units) , 2 stories Built year 1985 and Renovated 25 units in 2022,2023 and 5 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 34560 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*
Property Details
- Utility FeaturesCity Sewer, City Water
- School DistrictEagle MT-Saginaw ISD
- InteriorWalk-In Closet(s)
- Property TypeMulti-Family
- Elementary SchoolGreenfield
- Property SubtypeQuadruplex
- SubdivisionSHADYDELL
- Square Feet34560.00
- MLS #20607886
- MLS #20607886
- CountyTarrant
- Cost5440000
- Acres2.8500
- FoundationOther
- Year Built1985
- Bedrooms64
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Abdul Jameel Abdur Rahman (#0738887), Phone: (214) 264-2737
Listing Office: My Dream Home Helpers Realty (#ANGA01)
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