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$ 735,000
Est. payment | /mo
$ 735,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 24-3872
Originating Board Amarillo Association of REALTORS®
Year Built 1950
Property Description
Looking for a deal that still cash flows with these interest rates, well here it is! This is over an 11% cap rate and has room to grow. Single story brick construction 13-unit apartment complex with some upgraded units, onsite laundry facility, current all bills paid. Gas and electric are separately metered so the new owner can have the tenant pay the utilities. Could add additional units.
Location
State TX
County Potter
Area 0101 - Bivins
Zoning 0100 - NW Amarillo in City Limits
Direction From Georgia turn east on 10th then go North on Bryan, property is on the west.
Exterior
Roof Type Composition
Building
Structure Type Brick Veneer
Listed Kirk Chudej • FIMC Commercial Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "