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

July 10, 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

67


Garage

No


Parking

Carport


Parking Total

72


View

No


County

Tarrant


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

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 7/10/2024. 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.

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Data last updated on 7/10/2024 at 4:40 AM UTC

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