806-777-4459
203 NW 15th Ave, Amarillo, TX for Sale
Apartments - FOR SALE
1/11
null | Request Cap Rate

203 NW 15th Ave
Amarillo, TX 79107


HIGHLIGHTS

  • Rents are $216 below market rents. The 2 bed HUD rate is 1079/month.
  • Seller Financing Available.
  • 7.7% Cash on Cash return Year 1 .

OVERVIEW

To view the financials follow this link: https://buildout.com/website/1380147-sale The Go-Getters Multifamily Team is pleased to announce the exclusive listing of the Palo Duro Portfolio. This package deal includes 34 duplexes (68 units). Each of the 68 units is 660 square feet and has 2 - beds / 1 - bath. This property consists of a large HUD/PCS tenant portion for this property and it is well set up for that type of tenant. With average rents at $863 and current HUD rate at $1079, this allows new ownership to bring rents up to market rate.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

2

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

R-052-7000-1100-0

ASK ABOUT THIS PROPERTY

Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

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Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.