Jasmine Apartments presents the opportunity for investors to acquire one of the most popular apartment communities in Dumas, Texas/Amarillo sub market. With 9.33 plus true cap rate. The 28 buildings span five addresses: 100 Plum Avenue with 20 units(UNIT MIX 1,2 AND 3 BED ROOM IONE BATH). 1401 East Street with 10 units(ALL 2 BED,2 BATH), 1725 East Street with 20 units(UNIT MIX 1,2 AND 3 BED ROOM IONE BATH), 1801 East Street with 12 units(ALL 2 BEB 2 BATH), ALL THESE UNIT HAS BRAND NEW CENTRAL AIR CONDITION AND CENTRAL HEAT IS INSTALLED OR IN THE PROCESS.ALL 62 UNITS TENANT PAY UTILTY SUCH AS ,ELECTRIC. and 1301 S Maddox Avenue with 80 units and tenant pay all utilities such as electric , gas. . The investors has held the property since 2005 and has decided to sell the property . They have made several improvements, such as replacing the roof in 2023 AND 62 units has new CENTRAL AIR CONDITION AND HEAT IN THE PROCESS OF COMPLETTION A. and implementing robust management teams and procedures. BROKERS WELCOME. New owner-operators will enjoy a smooth takeover with an in-place management office run by an asset manager, a full resident manager, a secretary, and a maintenance crew. The property is on the accessible Yardi 360 management platform, allowing the owner to view every activity, including tenant evaluation, tenant pre-approval, leasing, bank account history, and more. At 100% occupancy with many prospective residents and their deposits on a waitlist, the desirability of these units is abundantly apparent. Market factors paint an optimistic future with major employers like JBS, the Valero McKee Refinery, Faria Dairy, Dumas ISD, and Moore County Hospital. These jobs pay remarkably well for a small market as households within a 10-mile radius report an average annual income of $74,095 per year.