Keller Williams Dallas Midtown
Keller Williams Dallas Midtown
Joyce Bauert, Keller Williams Dallas MidtownPhone: (972) 571-2474
Email: [email protected]
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listing
1 of 9
Residential IncomeFor Sale
$6,120,000
5933 Shadydell Drive
Fort Worth, TX 76135
MLS: North Texas Real Estate Info Systems (NTREIS)
72Beds
38,880Sq Ft
Est. Mortgage
$31,690/mo

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*

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