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5933 Shadydell Drive

Fort Worth, TX 76135
  • $6,800,000
  • STATUS: Active
  • ID#: 20607886
UPDATED: 135 min ago
$6,800,000
  • 80
    BEDS
  • 3.16
    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 10 Fourplexes townhomes (40 Units) , 2 stories Built year 1985 and Renovated 30 units in 2021,2022,2023 and 10 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 plus. 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 43520 Sqft, Total Land 3.16 Acres, Configuration 2 Bed and 1 Bath.**Seller is willing to sell the individual fourplexes with quick closing**DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*

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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 Armstrong Properties. 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 Armstrong Properties 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 2024-05-29T09:41:40.28.
www.armstrongpropertiestx.com/homes/150208092
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5933 Shadydell Drive Fort Worth, TX 76135

  • Price: $6,800,000
  • Status: Active
  • On Site: Days
  • Updated: 135 min ago
  • ID#: 20607886
80
Beds
0
Baths
0
½ Baths
3.16
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 10 Fourplexes townhomes (40 Units) , 2 stories Built year 1985 and Renovated 30 units in 2021,2022,2023 and 10 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 plus. 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 43520 Sqft, Total Land 3.16 Acres, Configuration 2 Bed and 1 Bath.**Seller is willing to sell the individual fourplexes with quick closing**DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
Exterior Features

Carport Spaces 0 Construction BrickSiding Foundation Other Parking Or Garage Carport Parking Spaces 80 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 43520.00 Complex Name SHADYDELL TOWNHOMES Construction Status Preowned Exclusions TENANTS BELONGINGSMINERALS Gross Annual Expenses 216492.00 Gross Annual Income 660300.00 HOA None Insurance Expense 31582 Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCashContact AgentConventional Municipal Utility District No Net Operation Income 375708 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 Armstrong Properties. 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 Armstrong Properties 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 2024-05-29T09:41:40.28.
 
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Armstrong Properties
115 West Buck
Caldwell TX, 77836
Offered by Abdul Jameel Abdur Rahman of My Dream Home Helpers Realty: 214-264-2737.