Courtesy of: Abdul Jameel Abdur Rahman, My Dream Home Helpers Realty, abdulRE360@gmail.com
Courtesy of: Abdul Jameel Abdur Rahman, My Dream Home Helpers Realty, abdulRE360@gmail.com
$6,800,000
|
80 bed
|
|
Lot: 3.17 Acres
|
|
Quadruplex
|
$6,800,000
5825 SHADYDELL Drive Offering package sale of 10 Fourplexes townhomes (40 Units) , 2 stories Built year 1985 and Renovated 30 units in 2021, 2022, 2023 and 10 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 plus. All 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 43520 Sqft, Total Land 3.16 Acres, Configuration 2 Bed and 1 ½ Bath. **Seller is willing to break the parcel into minimum 5 fourplexes** DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
Courtesy of: Abdul Jameel Abdur Rahman, My Dream Home Helpers Realty, abdulRE360@gmail.com
Copyright © 2024 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.