2713 SW 9th Apartments | 2713 SW 9th Ave
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2713 SW 9th Apartments 2713 SW 9th Ave
5 Unit Apartment Building $419,528 CAD ($83,906 CAD/Unit) 11.08% Cap Rate Amarillo, TX 79106
Investment Highlights
- New TPO roof
- Updated Interiors, new water heaters, new lighting
- Three units fully renovated and one partially renovated
Executive Summary
Value add opportunity in strong Texas market
Excellent location in SW Amarillo
Updated interiors, new water heaters, new lighting
Three units fully renovated and one partially renovated
Under market rents
Excellent location in SW Amarillo
Updated interiors, new water heaters, new lighting
Three units fully renovated and one partially renovated
Under market rents
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $419,528 CAD | Apartment Style | Low Rise |
| Price Per Unit | $83,906 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 11.08% | Building Size | 2,035 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1955/2024 |
| Property Subtype | Apartment |
| Price | $419,528 CAD |
| Price Per Unit | $83,906 CAD |
| Sale Type | Investment |
| Cap Rate | 11.08% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,035 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2024 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $782.17 CAD | - |
| 1+1 | 4 | $1,067 CAD | - |
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | R-073-2400-4480-0 | Total Assessment | $125,887 CAD |
| Land Assessment | $16,262 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $109,625 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R-073-2400-4480-0
Land Assessment
$16,262 CAD
Improvements Assessment
$109,625 CAD
Total Assessment
$125,887 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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2713 SW 9th Apartments | 2713 SW 9th Ave
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