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 • 64
  • SQFT • 34,560

Home Details

Offering package sale of 8 Fourplexes townhomes (32 Units) , 2 stories Built year 1985 and Renovated 25 units in 2022,2023 and 5 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 34560 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 Bedrooms64

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringCarpet, CeramicTile, Laminate
Heating Y/NYes
Interior AmenitiesWalkInClosets

General for 5933 SHADYDELL Drive

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Microwave, Refrigerator
Attached Garage No
AttributionContact214-264-2737
Cap Rate7.11
Carport Spaces0.0
Carport Y/NNo
CityFort Worth
Construction MaterialsBrick
CoolingElectric
CountyTarrant
DirectionsPLEASE FOLLOW GPS
Electric On Property Y/NNo
Elementary SchoolGreenfield
Elementary School DistrictEagle MT-Saginaw ISD
ExclusionsTENANTS BELONGINGS
Garage Y/NNo
Gross Income573932.0
HOANo
HeatingElectric
High SchoolChisholm Trail
High School DistrictEagle MT-Saginaw ISD
Home Warranty Y/NNo
Insurance Expense27948.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet124146.0
Lot Size UnitsAcres
Middle/Junior High SchoolEd Willkie
Middle/Junior School DistrictEagle MT-Saginaw ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-01T05:58:33.987-00:00
Net Operating Income386870.0
New ConstructionNo
Number Of Units Total32
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameSHADYDELL
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1985
Year Built DetailsPreowned

Exterior for 5933 SHADYDELL Drive

Building Area Total34560.0
Crops Included Y/NNo
Foundation DetailsOther
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres2.85
Lot Size Area2.85
Number of Buildings32
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking64.0
Water SourcePublic

Additional Details

Price History

Schools

Elementary School Greenfield Elementary School
High School Chisholm Trail High School
Middle School Ed Willkie Middle School

Katie Edwards

Realtor
Price $5,440,000
MLS#20607886
List Date 05/04/2024
Property Type Multi-Family
Phone 979.571.7600
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