The Windsor Hotel Apartments | 401 Pine St
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The Windsor Hotel Apartments 401 Pine St
81 Unit Apartment Building For Sale Abilene, TX 79601
Investment Highlights
- Unbeatable Location with Proximity to all Major Retail & Employment Opportunities
- Convenient Access to Interstate 20 and the Regional Airport
- Value-Add Opportunity through Improved Operations/Management
- $3.25M in Recent Capex Invested into the Asset
- Attractive In-Place Yield
Executive Summary
The Windsor Hotel Apartments is a distinguished mixed-use apartment and re-tail community situated in Abilene, Texas. Originally built in 1926 and recently transformed into luxury residences, The Windsor Hotel Apartments features 80 residential units alongside nine retail tenants. The apartments are available in four carefully selected floor plans, ranging from 413 to 885 square feet, each offering high-end finishes and unobstructed views of the city. This boutique, hotel-style community blends luxury living with convenience, offering easy
access to a spacious lobby with a double-height skylit ceiling, surrounded by ground-floor commercial spaces. These include a shopping boutique, coffee bar, home goods market, and cocktail lounge.
Residents benefit from a range of top-tier on-site amenities, such as a collaborative workspace lounge, laundry facilities, a business center, package services, and a state-of-the-art fitness center. Each unit boasts a newly renovated full-size kitchen, walk-in closets, and high-speed internet access. The Windsor is dedicated to providing its residents with a comfortable and convenient home in the heart of downtown Abilene.
In addition to its first-class amenities, the property’s central location offers residents quick interregional access to Interstate 20 and U.S. Highway 277. It is also just steps away from a variety of downtown Abilene’s boutiques, restaurants, coffee shops, and galleries, and less than half a mile from Hendrick Medical Center. Furthermore, the property is within a 5-minute drive of local elemetary, middle, and high schools.
access to a spacious lobby with a double-height skylit ceiling, surrounded by ground-floor commercial spaces. These include a shopping boutique, coffee bar, home goods market, and cocktail lounge.
Residents benefit from a range of top-tier on-site amenities, such as a collaborative workspace lounge, laundry facilities, a business center, package services, and a state-of-the-art fitness center. Each unit boasts a newly renovated full-size kitchen, walk-in closets, and high-speed internet access. The Windsor is dedicated to providing its residents with a comfortable and convenient home in the heart of downtown Abilene.
In addition to its first-class amenities, the property’s central location offers residents quick interregional access to Interstate 20 and U.S. Highway 277. It is also just steps away from a variety of downtown Abilene’s boutiques, restaurants, coffee shops, and galleries, and less than half a mile from Hendrick Medical Center. Furthermore, the property is within a 5-minute drive of local elemetary, middle, and high schools.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts Under Contract
Sale Type | Investment | Lot Size | 1.28 AC |
No. Units | 81 | Building Size | 95,827 SF |
Property Type | Multifamily | Average Occupancy | 95% |
Property Subtype | Apartment | No. Stories | 10 |
Apartment Style | Mid Rise | Year Built | 1926 |
Building Class | B | Parking Ratio | 1.57/1,000 SF |
Sale Type | Investment |
No. Units | 81 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 1.28 AC |
Building Size | 95,827 SF |
Average Occupancy | 95% |
No. Stories | 10 |
Year Built | 1926 |
Parking Ratio | 1.57/1,000 SF |
Unit Amenities
- High Speed Internet Access
- Refrigerator
- Views
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Business Center
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Package Service
- Planned Social Activities
- Trash Pickup - Curbside
- Lounge
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 2 | - | 320 - 501 |
1+1 | 33 | - | 631 |
2+1 | 8 | - | 820 |
2+2 | 38 | - | 868 |
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PROPERTY TAXES
Parcel Number | 24562 | Improvements Assessment | $1,191,411 |
Land Assessment | $118,125 | Total Assessment | $1,309,536 |
PROPERTY TAXES
Parcel Number
24562
Land Assessment
$118,125
Improvements Assessment
$1,191,411
Total Assessment
$1,309,536
zoning
Zoning Code | Commercial |
Commercial |
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The Windsor Hotel Apartments | 401 Pine St
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