214-420-3116
3309 Sherry Ln, Abilene, TX for Sale
Apartments - FOR SALE
1/11
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3309 Sherry Ln
Abilene, TX 79603
North Abilene


HIGHLIGHTS

  • Value-Add: Opportunity to increase NOI by experienced operator through renovations and operational enhancements.
  • Stabilized Asset with strong in-place cash-flows
  • Well-located in northwest Abilene, just minutes from Interstate 20 and U.S. 83. 15 minutes from Dyess Air Force Base
  • Dyess Air Force Base spans 6,972 acres and supports 14,283 personnel, including over 8,000 employees.
  • Potential to implement a RUBS program, allowing the new owner to capture additional income.
  • Abilene offers a cost of living that is 8% below the national average, making it an affordable and attractive market.

OVERVIEW

Newmark, in conjunction with RI Marketplace, is pleased to offer Courtyard Park, which consists of 105 multifamily units. The property is located at 3309 Sherry Lane, Abilene, TX 79603. Courtyard Park will be sold in the March 12th, 2025 Auction Event through RealInsight Marketplace. https://rimarketplace.com/auction/2321/courtyard-park-apartments-abilene-tx Property Tours Tours are available upon request. Please contact Matt Wideman, matt.wideman@nmrk.com, & Bart Wickard, bart.wickard@nmrk.com, to schedule a tour.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

105

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Courtyard Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.03 AC

LAND SF

219,107 SF

ZONING

-

APN/PARCEL ID

70043

ASK ABOUT THIS PROPERTY

Bart WickardNewmarkMore Info
214-420-3116

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Bart WickardNewmarkMore Info
214-420-3116

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