5933 SHADYDELL Drive
Fort Worth , TX 76135
MLS#: 20607886
$5,440,000

Property
Beds
64
Full Baths
None
1/2 Baths
None
Year Built
1985
Sq.Footage
34,560
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 park...
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s)
-
Total Bedrooms
64
Area & Lot
-
Lot Size(acres)
2.85
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Carport
Financial
-
Sales Price
$5,440,000
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Location
County
Tarrant
Elementary School
Greenfield
Middle School
Ed Willkie
High School
Chisholm Trail
Listing Courtesy of Abdul Jameel Abdur Rahman , My Dream Home Helpers Realty
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