6 Duplex Portfolio In The Dallas/Fort Worth Metroplex

2329 Woodmont Trl, Fort Worth, TX

$2,150,000

Price

14,536 sqft

Building Size

0.3337 acres

Lot Area

Overview
Building Size
14,536 sqft
Lot Area
0.3337 acres
Occupancy
91.31%
Units
12
Floors
1
Description

This property portfolio consists of six duplexes. Five are located in Fort Worth, Texas –
with a layout of 3 bedrooms, 2 bathrooms, and a 1 care garage per unit. The additional
duplex in Granbury, Texas includes a layout of 2 bedrooms, and 1 bathroom per unit. All
were built between 1982 and 1987. Electric and water utilities are individually
metered and paid for by tenants. The majority of these duplexes are located within
three block radius and are close to many major interstates within the area including I-
820, I-30, I-20, I-35W, and I-35E.

2329 & 2331, 2401 & 2403, 2601 & 2603 Woodmont Trl, 6312 & 6314, 6313 & 6315 Shasta Trl, Fort Worth, TX 76133; 940 & 942 Meadowlark Cir, Granbury, TX 76049

Highlights
  • Located in the Dallas/Fort Worth metro area - one of the most
  • dynamic economies in the United States.
  • Opportunity to purchase a portfolio of 6 duplexes in a market that is
  • very competitive and difficult to purchase individual homes.
  • Five of the six duplexes are located within a three block radius of each
  • other.
  • Multiple exit strategies in the future (can sell full portfolio or a portion)
  • Portfolio price per unit of $147.91/Sq. Foot is significantly less than the
  • Average Price/Sq. Foot for Dallas-Fort Worth-Arlington in April 2023 of
  • $197.04 (click HERE to view).
  • All six properties were built in the 1980’s.
  • 10 of the 12 units consist of a 3 bedroom, 2 bathroom, 1 car garage
  • layout and have an enclosed back yard. The remaining two units
  • consist of a 2 bedroom, 1 bathroom layout.
  • Majority of HVAC units and water heaters have been updated.
  • Opportunity to increase rents and portfolio performance.
  • All properties have close access to a major interstate highway and are
  • within driving range of DFW International Airport, numerous
  • employers, and entertainment venues.

Location