Fort Worth, TX 76135 5933 Shadydell Drive

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Presented By: Abdul Jameel Abdur Rahman with My Dream Home Helpers Realty; 214-264-2737
  • MLS# 20607886
  • 05/04/2024
  • Request Tour
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  • Beds • 72
  • Baths • 36
  • SQFT • 38,880

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

Ingrid Donelson

Texas Licensed Realtor®
Price $6,120,000
MLS#20607886
List Date 05/04/2024
Property Type Multi-Family
Phone 254.371.7824
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Request Info
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