$6,120,000

2.85± Acres

Active

Tarrant County, TX

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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

Lat/Long: 32.821771, -97.418283

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

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20607886

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Alexis Thompson

Lampasas, Texas

(210) 897-9263

Interested? Contact Us Today About This Listing

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 27, 2024 at 12:00:00 AM 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 27, 2024 at 12:00:00 AM UTC

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