Carla Phillips
Carla Phillips Realty
License number: 0617734
mobile: 682-999-0747
 http://www.­carlaphillipsre­alty.com
PO Box 301
 Hurst, TX 76053, United States
$1,050,000
W 6800 Oak Crest Drive, Kennedale, Texas 76140, USA
MLS#
21195683
Property type
Residential For Sale, Multi-Family, Multi Family
Land size
0.35 sqft (0.03 m2)
Building Size
10,000 sqft (929 m2)
Status
Bedrooms
15
Baths
12
Half baths
3
Sale price per sqm
0 $
Virtual Tour
New Construction Five-Plex 90% Complete! INVESTOR OPPORTUNITY. We are the direct owners of this 5-unit multifamily property and have decided to sell. We are offering this opportunity to an investor who can take it across the finish line. Property Overview: One building on one lot, 5 total units, 5 electric meters, 1 water meter, 1 tax account, Approx. 1,500 sqft per unit. Unit Mix: 3 Interior Units each with 3 bed-2.5 bath, 2 End Units each with 4 bed-3 bath. We have a recent $1.6 million appraisal based on multifamily comps (pulled from a slightly wider radius due to classification). Full appraisal available to serious buyers. What’s Left to Finish: Interior (near completion): Flooring, Baseboards, Minor cosmetic touch-ups. Completed: Mechanical rough-ins, Water connected, Electricity connected, Electrical final passed. The only remaining HVAC item is installation of the exterior condenser units, and we already have those units and will include them in the sale. Exterior (main cost item): Concrete walkways leading to units need to be redone due to prior contractor error. Estimated remaining cost to complete: ~$80,000. The City is eager to see this project completed and has indicated they are willing to work with the new buyer. Because the original permit expired, the City is willing to waive new permit fees for the incoming owner. Transition Package Included, We have organized documentation and will provide a Dropbox folder including: Full appraisal, Photos & videos, Civil plans, Trade contacts (MEP, subs, etc.), Project documentation. This is not a blind project, the groundwork is done. Asking $1,050,000 or best offer. At this price, with an appraisal at $1.6M and an estimated ~$80K to complete, this is positioned for strong upside for the right operator. If you are a serious investor, please contact me and I will send you a Dropbox link with all property information. Let’s make a deal.
Property Details
2025 Year Built:
Stucco Exterior Description:
Under Construction Condition:
Garage Property Features:
city water, City sewer Utilities:
Electric Heating System:
Electric Cooling System:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
10 Number of parking spaces:
Assigned Space Parking type:
10 Garage Spaces:
Garage Dimensions: 1 x 1 Garage Dimensions:
Attached Garage, Automatic Garage Door Opener Garage Description:
Lot Land Information
Less Than 0.5 Acre Lot size:
School Information
415 School District:
Sellers Elementary School:
Wyatt Od High School:
Forest Oak Middle School:

Listing by: Ultra Real Estate Svcs
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