Active
5933 SHADYDELL Drive
Fort Worth TX, 76135
$6,120,000
$157.41 per sqft
Active
72 Beds
38,880 sqft
Multi-family
Built in 1985
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 1/2 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*
20607886
MLSⓇ ID
November 16, 2024
Updated
Map
5933 SHADYDELL Drive
Fort Worth TX, 76135
Interior Features
Total Stories
2
Bedrooms
72
Interior Features
Walk-In Closet(s)
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Floor Description
Carpet, Ceramic Tile, Laminate
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
2.85 Acres
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
Eagle MT-Saginaw ISD
High School
Chisholm Trail
Elementary School
Greenfield
Other Property Details
Days on Market
197
Garage
No
Parking
Carport
Parking Total
72
View
No
County
Tarrant
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
7/10/2024 | Price change | $6,120,000 -10% |
Listed by Abdul Jameel Abdur Rahman with My Dream Home Helpers Realty
Listing Contact: 214-264-2737
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 11/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 North Texas Real Estate Information Systems, Inc. all rights reserved.
Data last updated on 11/16/2024 at 9:50 PM UTC