Description
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*
Property Type
Residential IncomeSubdivision
Lake Fork EstatesCounty
TarrantStyle
Residential IncomeAD ID
45811374
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 72
Bathroom Information
- Total Baths: 0
Interior Features
- Walk-In Closet(s)
Appliances
- Dishwasher,Electric Range,Microwave,Refrigerator
Utilities
- City Sewer,City Water
Cooling Features
- Electric
Heating Source
- Electric
Fireplace
- Fireplace Features: Living Room
-
Exterior Features
Building Information
- Built Year: 1985
- Building Area Total: 38,880
- Construction: Brick,Siding
- Roof Type: Asphalt
Foundation
- Other
Construction Materials
- Brick,Siding
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 2.8500
- Lot Size Units: Acres
- Lot Size Square Feet: 124146.0000
Property Information
- SQ ft (Living Area): 38,880
- Property Type: Residential Income
- Property Sub Type: Quadruplex
- Subdivision: SHADYDELL
- City: Fort Worth
- State: Texas
- Directions: PLEASE FOLLOW GPS
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $6,120,000
- List Price Tot SqFt: $157
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 05433010
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 72
- Parking Features: Carport
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Greenfield
- Middle School: Ed Willkie
- High School: Chisholm Trail
- School District: Eagle MT-Saginaw ISD
Utility Information
- Utilities: City Sewer,City Water
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BuyOwner last updated this listing 11/23/2024 @ 17:14
- MLS: 439164798
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 72 bedrooms which is for sale, it has 38,880 sqft, 3 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Fort Worth , in zip code 76135, this Tarrant County Home , it is in the Lake Fork Estates Subdivision, and are nearby neighborhoods.