7500 CHAPIN RD

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7500 CHAPIN RD

FORT WORTH, TX 76116
Asking Price
$585K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 4 Units | $146,250/unit <p>• Turnkey 4-plex — 4 × 2BR / 1.5BA, ~1,075 SF each</p><p> • Section 8 approved; individual water meters, tenant-paid electric</p><p> • In-place rents below market — immediate value-add upside</p><p> • Brick fireplaces, granite kitchens, private fenced patios, in-unit W/D</p><p> • 6 covered carport spaces; brick / slab construction (1984)</p><p> • Part of a 5-building, ~20-unit portfolio available for assembly</p><p> • West Fort Worth — ~7 mi to downtown, 1–2 mi to I-30 / Loop 820</p>

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NOI
$80,000
Cap Rate
13.68%
DSCR
2.30
Strong
Cash-on-Cash
25.79%
Monthly Payment
$2,894.261
Annual Cash Flow
$45,268.87

Location & Travel Times