$6,120,000
2.85± Acres
Active
Tarrant County, TX

5933 Shadydell, Fort Worth, Texas

MLS ID: 20607886
Status: Active
Price: $6,120,000
Acres: 2.85±
Type: Fourplex, Residential
Address: 5933 Shadydell
City, State: Fort Worth, TX
County: Tarrant County
ZIP Code: 76135
Parcel Number: 05433010
Bedrooms: 72
SqFt: 38,880
Year Built: 1985

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*

Directions: PLEASE FOLLOW GPS

Additional Information

Interior

Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Building Area Total: 38,880
Cooling (Yes/no): Yes
Cooling: Electric
Fireplace Features: Living Room
Fireplace (Yes/no): Yes
Flooring: Carpet, Ceramic Tile, Laminate
Heating (Yes/no): Yes
Heating: Electric
Interior Features: Walk In Closets

Exterior

Lot Size Area: 3
Lot Size Square Feet: 124,146
Parking Features: Carport
Parking Total: 72
Roof: Asphalt
Stories: 2
Water Source: Public

Financial/HOA/Schools

Elementary School: Greenfield
Elementary School District: Eagle MT-Saginaw ISD
Middle School: Ed Willkie
Middle School District: Eagle MT-Saginaw ISD
High School: Chisholm Trail
High School District: Eagle MT-Saginaw ISD
Subdivision Name: Shadydell

Maps

Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

Interested? Contact Us Today About This Listing

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 16, 2024 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 16, 2024 at 12:00:00 PM UTC

Listed By: Abdul Jameel Abdur Rahman of My Dream Home Helpers Realty