HIGH DEMAND RENTAL AREA IN WEST FORT WORTH, 4 LIKE UNITS, 100% OCCUPIED. LARGE LIVING, 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. ROOF REPLACED FALL 2021 ON TWO BUILDINGS. OWNER PAYS WATER, WASTE, TRASH, yard care. TENANTS PAY GAS, ELECTRIC. RENT INCREASE BEGINS FEB 1, 2023 AT $1100 per unit. 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 2023-2024. Seller will provide new cap rate based on projected rent increase beginning Feb 2023. Current cap rate is low BC the rents were low when purchased. TENANTS REQUIRE 24-48 HR NOTICE due to work schedules.
Listing Courtesy of Vanessa Machen of Century 21 Mike Bowman,Inc. (817-354-7653)

Listing Tools

Property Details of 3001 Las Vegas Trail

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

Map Location

"Based on information submitted to TX_NTREIS as of December 9, 2022 1:42 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: