Quadplex in Premiere DFW Location $730k

805 Bluebonnet Dr, Keller

ROI

12.67% IRR

Strategy

Long Term Rental

EXCEPTIONAL LOCATION. Schools rated 7s and 8s. If you’ve been investing in DFW multi family assets you know how rare it is to find a quadplex in a highly rated school system. Current rents are $1500, $1400, $1375, $1400. Note, the last quad to sell in Keller traded within 10 days. This will move quickly. Note- asking is $760k. A very similar quad sold for $730k. I think this will trade near that level. Taxes $11784.

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Quadplex in Premiere DFW Location $730k

Listed 10/10/2024

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805 Bluebonnet Dr, Keller

Purchase Price:$730,000

Cash Outlay:$197,100

Cashflow:$257/mo

Cap Rate:6.11%

IRR:12.67%

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