203 NW 15th Ave
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203 NW 15th Ave
2 Unit Apartment Building For Sale Amarillo, TX 79107
Investment Highlights
- Rents are $216 below market rents. The 2 bed HUD rate is 1079/month.
- 7.7% Cash on Cash return Year 1 .
- Seller Financing Available.
Executive Summary
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.
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.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 2 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 1,320 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built | 1953 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 1,320 SF |
| No. Stories | 1 |
| Year Built | 1953 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Kitchen
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
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203 NW 15th Ave
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