1307 Belle Place, Fort Worth, Texas 76107

$1,500,000
12
BD
List Price
$1,500,000
MLS#
14236235
Status
ACTIVE OPTION CONTRACT
Type
Multifamily
Year Built
1986
Construction Status
Preowned
Bedrooms
12
Full Baths
12
Half Baths
6
Acres
0.52
County
Tarrant
Area
FW CENTRAL WEST (108)
City
Fort Worth
Subdivision
Bunting's Addition To Hi-Mount
Building Name
Belle Place

Property Description

Portfolio of 3 duplex townhomes that are being offered together or individually at $500K each. Strong historical occupancy rate, currently at 100% occupancy. Outstanding Cultural District location near Camp Bowie. Significant capital improvements and renovations have been made over the last few years to modernize these units.

Additional Information

HOA
No HOA
Annual Insurance
8135
Gross Annual Expenses
48335
Gross Annual Income
147000
Lot Size
22,651
Acres
0.52
Lot Description
Interior Lot, Landscaped, Some Trees, Subdivision
Subdivided
Yes
Interior Features
Cable TV Available, High Speed Internet Available
Foundation
Slab
Roof
Tile/Slate
Stories
2
Street Utilities
City Sewer, City Water
Heating Cooling
Central Air-Elec, Central Heat-Elec
Construction Material
Brick
Parking Garage
Assigned Garage, Attached, Garage, Garage Door Opener, On Street
Total Num Parking
12
School District
Fort Worth Isd
Elementary School
Southhimou
Middle School
Stripling
High School
Arlngtnhts
Proposed Financing
Cash, Conventional
Building Sq. Ft.
11292
Number of bldgs.
3
Number of units
6
Occupancy Rate
100
Possession
Closing/Funding
Cap Rate
6.58

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 HBS Real Estate.