$5,440,000
bedrooms
64
bathrooms
0
square feet
34,560
Acreage
2.85
Open Houses
-
year built
1985
Full Baths
0
Half Baths
0
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*
Location | |
Subdivision | SHADYDELL |
County | Tarrant |
Elementary School | Greenfield |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 20607886
Listing agent:
Abdul Jameel Abdur Rahman
#0738887
Listing broker:
My Dream Home Helpers Realty
(214) 264-2737
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, March 1 2025 at 4:21 a.m. EST
Kotohomes National