Fort Worth, TX 76135 5933 Shadydell Drive
$6,120,000
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Presented By: Abdul Jameel Abdur Rahman with My Dream Home Helpers Realty; 214-264-2737
Home Details
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*
Presented By: Abdul Jameel Abdur Rahman with My Dream Home Helpers Realty; 214-264-2737
Interior Features for 5933 Shadydell Drive
Bedrooms
Total Bedrooms72
Bathrooms
Total Baths
Other Interior Features
Fireplace FeaturesLiving Room
Unit Count1
Lock Box TypeNone
Basement Y/NNo
FlooringCarpet, Ceramic Tile, Laminate
Interior FeaturesWalk-In Closet(s)
Occupancy Rate90
Total Units36
General for 5933 Shadydell Drive
# of Buildings36
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
Capitalization Rate6.32
Carport Spaces
CityFort Worth
Complex NameSHADYDELL TOWNHOMES
Construction MaterialsBrick, Siding
CoolingElectric
CountyTarrant
DirectionsPLEASE FOLLOW GPS
Elementary SchoolGreenfield
Elementary School NameGreenfield
ExclusionsTENANTS BELONGINGS, MINERALS
Gross Annual Expenses187062.00
HOA TypeNone
HeatingElectric
High SchoolChisholm Trail
Insurance Expense27948
LevelsTwo
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance, Professional Management
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeQuadruplex
Property TypeResidential Income
RoofAsphalt
School DistrictEagle MT-Saginaw ISD
Standard StatusActive
StatusActive
Subdivision NameSHADYDELL
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1985
Year Built DetailsPreowned
Exterior for 5933 Shadydell Drive
Building Area Total38880.00
Foundation Other
Garage Y/NNo
Lot Size Acres2.8500
Lot Size Area2.8500
Lot Size Square Feet124146.0000
Lot Size UnitsAcres
Number Of Parking Spaces72
Parking FeaturesCarport
Additional Details
Price History
Schools
Elementary School
Greenfield Elementary School
Middle School
N/A
![](https://dtzulyujzhqiu.cloudfront.net/allcityrealestate546/profiles/1593905573.jpg)
Ingrid Donelson
Texas Licensed Realtor®