HIGH DEMAND RENTAL AREA IN WEST FORT WORTH, 4 LIKE UNITS, 100% OCCUPIED. LARGE LIVING AREA, SEP DINING, KITCHEN, 2 BEDS, 1.5 BATHS EACH UNIT. SMALL COURTYARD BETW BUILDINGS. BUYER, BUYERS AGENT MUST VERIFY SF, SCHOOLS, AMENITIES. DO NOT DISTURB TENANTS. INTERIOR SHOWINGS AFTER ACCEPTED OFFER. ROOF REPLACED FALL 2021 ON TWO BUILDINGS. OWNER PAYS WATER, WASTE, TRASH. TENANTS PAY GAS AND ELECTRIC. RENT INCREASE began FEB 1, 2022, $895 per unit for all units. Owner expects renewals to be $1100 per unit in YE 2023. LONG-TERM TENANTS. SURVEY ON FILE. Projected rent collections under Financial Info are for 12 months YE 2022 at $895-month. There is added value to increase rents in YE 2023--See Quick CMA in documents. Owner pays water; tenants pay electric, gas.
Agent Name: Vanessa Machen Brokerage: Century 21 Mike Bowman, Inc. Listing ID: 15502535
5 Days ago | 21st June 2022