Turnkey Quadplex with 3 Bed Units by Lockheed Martin

2909 Las Vegas Trail, Fort Worth

ROI

21.76%

Strategy

Long Term Rental

Turnkey quadplex with 3 bed units by Lockheed Martin. 3 units currently leased month-to-month for $1300 with upside to $1500/mo. Two story fourplex built in 1970 on a slab foundation. All 3 bed, 2 bath units with LVP floors, covered parking, and exterior storage space. One unit completely updated in 2019. 3 units currently leased month-to-month for $1300/mo each with owner paying water, market rents $1500 with tenant-paid utilities.

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Turnkey Quadplex with 3 Bed Units by Lockheed Martin

Listed 05/08/2023

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2909 Las Vegas Trail, Fort Worth

Purchase Price:$600,000

Cash Outlay:$162,000

Cashflow:$744/mo

Cap Rate:7.33%

IRR:21.76%

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