601 S Nelson St - Apartments FOR SALE


Amarillo, TX 79104
$2,995,000 USD
806-358-7151
601 S Nelson St, Amarillo, TX for Sale
$2,995,000 USD
Apartments - FOR SALE
1/6
null | 7.41% Cap Rate

601 S Nelson St
Amarillo, TX 79104


HIGHLIGHTS

  • 47 of 48 units remodeled
  • High traffic volume
  • New owner can implement RUBS

OVERVIEW

Value add opportunity, 47 of 48 units remodeled, strong Texas market, new owner can implement

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

48

PRICE/UNIT

$62,396

CAP RATE

7.41%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nelson Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

2F

APN/PARCEL ID

R-035-6400-0240-0

ASK ABOUT THIS PROPERTY

Kirk ChudejFIMC Commercial RealtyMore Info
806-358-7151

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Kirk ChudejFIMC Commercial RealtyMore Info
806-358-7151

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