4300 Prairie Ave | Amarillo, TX 79109
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4300 Prairie Ave
Amarillo, TX 79109
Courtyard Apartments · Multifamily Property For Sale · 48 Units
Investment Highlights
- Newly renovated unit interiors
- High traffic counts
Executive Summary
Value add opportunity in strong Texas market. All unit interiors have been updated. New owner can implement RUBS.
PROPERTY FACTS
| Price Per Unit | $62,396 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.93 AC |
| Cap Rate | 8.76% | Building Size | 24,000 SF |
| No. Units | 48 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Low Rise | Parking Ratio | 1.21/1,000 SF |
| Price Per Unit | $62,396 |
| Sale Type | Investment |
| Cap Rate | 8.76% |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.93 AC |
| Building Size | 24,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.21/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 48 | $750.00 | 500 |
PROPERTY TAXES
| Parcel Number | R-065-2300-8835-0 | Improvements Assessment | $973,645 |
| Land Assessment | $101,277 | Total Assessment | $1,074,922 |
PROPERTY TAXES
Parcel Number
R-065-2300-8835-0
Land Assessment
$101,277
Improvements Assessment
$973,645
Total Assessment
$1,074,922
zoning
| Zoning Code | MF1 |
| MF1 |
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