Ignite FB Tracking Pixel5941 Shadydell Drive, Fort Worth, TX 76135 - Britt Jones
Ready Real Estate
Ready Real Estate
Britt Jones, Ready Real EstatePhone: (405) 590-0903
Email: [email protected]
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listing
1 of 4
Residential IncomePending
$7,260,000
5941 Shadydell Drive
Fort Worth, TX 76135
MLS: North Texas Real Estate Info Systems (NTREIS)
88Beds
Est. Mortgage
$37,575/mo

Offering package sale of 11 Fourplexes townhomes (44 Units) , 2 stories Built year 1985 and Renovated 28 units in 2021,2022,2023 and 16 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 $1250, whereas the average market rent is $1350. 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 48142 Sqft, Total Land 3.21 Acres, Configuration 2 Bed and 1 ½ Bath. **Seller is willing to break the parcel into minimum 5 fourplexes**

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