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5941 Shadydell Drive

Fort Worth, TX 76135
  • $7,260,000
  • STATUS: Pending
  • ON SITE: 123 Days
  • MLS #: 20465403
Pending
$7,260,000
  • 88
    BEDS
  • 3.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Abdul Jameel Abdur Rahman of My Dream Home Helpers Realty: 214-264-2737.

Description

Offering package sale of 11 Fourplexes townhomes (44 Units) , 2 stories Built year 1985 and Renovated 28 units in 2021,2022,2023 and 16 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 $1250, whereas the average market rent is $1350. All 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 48142 Sqft, Total Land 3.21 Acres, Configuration 2 Bed and 1 Bath.**Seller is willing to break the parcel into minimum 5 fourplexes**

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimberly Davis Group, Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Kimberly Davis Group, Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-29T23:42:30.383.
www.ntxpropertysearch.com/homes/144817334
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5941 Shadydell Drive Fort Worth, TX 76135

  • Price: $7,260,000
  • Status: Pending
  • On Site: 123 Days
  • MLS #: 20465403
88
Beds
0
Baths
0
½ Baths
3.21
Acres
1985
Built
Neighborhood:
Shadydell
County:
Tarrant
Area:
Fort Worth
Elementary School:
Greenfield
High School:
Chisholm Trail
School District:
Eagle Mt-Saginaw ISD
Property Description
Offering package sale of 11 Fourplexes townhomes (44 Units) , 2 stories Built year 1985 and Renovated 28 units in 2021,2022,2023 and 16 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 $1250, whereas the average market rent is $1350. All 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 48142 Sqft, Total Land 3.21 Acres, Configuration 2 Bed and 1 Bath.**Seller is willing to break the parcel into minimum 5 fourplexes**
Exterior Features

Carport Spaces 0 Construction BrickSiding Foundation Other Parking Or Garage Carport Parking Spaces 88 Pool On Property No Roof Asphalt

Interior Features

Appliances DishwasherElectric RangeMicrowaveRefrigerator Basement No Cooling Electric Fireplace Features Living Room Flooring CarpetCeramic TileLaminate Garage No Handicap YN No Heating Electric Interior Features Walk-In Closet(s)

Property Features

Building Area Source Owner Building Area Total 48142.00 Complex Name SHADYDELL TOWNHOMES Construction Status Preowned Exclusions TENANTS BELONGINGS Gross Annual Expenses 227754.00 Gross Annual Income 725700.00 HOA None Insurance Expense 30975 Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCashContact AgentConventional Municipal Utility District No Net Operation Income 486171 Operating Expense Includes InsuranceMaintenanceProfessional Management Possession Closing/Funding Property Type Quadruplex Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimberly Davis Group, Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Kimberly Davis Group, Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-29T23:42:30.383.
 
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The Kimberly Davis Group, Keller Williams Realty
3600 Preston Road
Plano TX, 75093
Offered by Abdul Jameel Abdur Rahman of My Dream Home Helpers Realty: 214-264-2737.