4908 MC CART AVE: This property is for you! Half GREAT and half BAD, in the heart of Fort Worth!! Can you handle it?
The main house needs significant repairs or you can tear it down and start over. So why is it GREAT? Because it’s in Fort Worth! Don’t we all love Tarrant County? AND Because it has a GEM of a HUGE shop in the back. This is a fantastic and very sturdy building with its own access. This is the place where FAST race cars were built just a few years ago! So many exit strategies for this one: 1. you can fix one and owner finance both buildings, 2. you can rent out the two separately, 3. you can build a new main house and sell the two, or 4. you can investigate rezoning.
This is an assignment transaction. We have this property under contract, giving us an equitable interest, and we are considering assigning that interest to a third party.