6313 Shasta Trail, Fort Worth, Texas 76133

$2,150,000
34
BD
List Price
$2,150,000
MLS#
20340026
Status
ACTIVE
Type
Multifamily
Year Built
1985
Construction Status
Preowned
Bedrooms
34
Full Baths
20
Acres
0.15
County
Tarrant
City
Fort Worth
Subdivision
Woodmont Add
Building Name
6 Duplex Portfolio

Property Description

Rare opportunity to purchase six duplexes in the DFW Metroplex! Portfolio is being sold AS IS and ONLY as a package. Five of the duplexes are located in Fort Worth, Texas - each with a layout of 3 bedrooms, 2 bathrooms, and a 1 care garage per unit. The additional duplex in Granbury, Texas includes a layout of 2 bedrooms, and 1 bathroom per unit. All were built between 1982 and 1987. Electric and water utilities are individually metered and paid for by tenants. The majority of these duplexes are located within three block radius and are close to many major interstates within the area including I-820, I-30, I-20, I-35W, and I-35E. Highlights include: Opportunity to purchase a portfolio of 6 duplexes in a market that is very competitive and difficult to purchase individual homes, opportunity to increase rents and portfolio performance, five of the six duplexes are located within a three block radius of each other, and more.

Additional Information

Unexempt Taxes
$31,155
HOA
No HOA
Amenities
Fireplace
Annual Insurance
16347
Total Annual Expenses
Insurance, Other
Gross Annual Expenses
53502
Gross Annual Income
147720
Lot Size
6,708
Acres
0.15
Subdivided
No
Interior Features
Other
Flooring
Carpet, Ceramic Tile, Combination, Laminate, Vinyl
Foundation
Pillar/Post/Pier, Slab
Roof
Shingle
Stories
1
Fireplaces
1
Fireplace Type
Brick, Wood Burning
Street Utilities
City Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter, Septic
Heating Cooling
Central, Electric
Construction Material
Brick, Siding, Other
Garage Spaces
10
Carport Spaces
2
Parking Garage
Carport, Detached Carport, Driveway, Garage, On Street, Outside, Unpaved
Total Num Parking
24
School District
Fort Worth Isd
Elementary School
Westcreek
Middle School
Daggett
High School
Southhills
Possession
Closing/Funding
Building Sq. Ft.
14536
Number of bldgs.
6
Number of units
12
Tenancy
Other
Possession
Closing/Funding
Cap Rate
4.38

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jason Reynolds from Visions Realty & Investments. Contact: 817-288-5510