$735,000 Price Analysis    ♡   Amarillo, TX 79102 Unknown bed 0 bath unknown SqFt ($0/SqFt) Built 1950 Listed 2024-05-08, Taxes $5,458 | Ⓧ USDA Ineligible due to location near Amarillo |
Looking for a deal that still cash flows with these interest rates
* Has Contingent Offer *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 pad.
Gas and electric are separately metered so the new owner can have the tenant pay the utilities. Could add additional units.
Presented by Kirk Chudej at
Fimc Commercial Realty.
Property MLS #24-3872 from Amarillo
Total Bathrooms: 0
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active Under Contract
County: Potter
Directions: From Georgia turn east on 10th then go North on Bryan, property is on the west.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: MultiFamily
Area: 0101 - Bivins
MLS Area Minor: 0101 - Bivins
Source Neighborhood: 0101 - Bivins
Zoning: 0100 - NW Amarillo in Cit
Zoning Description: 0100 - NW Amarillo in City Limits
Property Subtype: Multi-Family
Source System Name: C2C
County: Potter
Directions: From Georgia turn east on 10th then go North on Bryan, property is on the west.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: MultiFamily
Area: 0101 - Bivins
MLS Area Minor: 0101 - Bivins
Source Neighborhood: 0101 - Bivins
Zoning: 0100 - NW Amarillo in Cit
Zoning Description: 0100 - NW Amarillo in City Limits
Property Subtype: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $189,200 + $41,034 $230,234 | $5,458 |
| 2021 | $183,592 + $41,034 $224,626 | $5,752 |
| 2020 | $169,243 + $41,034 $210,277 | $5,215 |
| 2019 | $169,243 + $41,034 $210,277 | $5,248 |
| 2018 | $146,677 + $41,034 $187,711 | $4,709 |
| 2017 | $96,679 + $41,034 $137,713 | $3,359 |
| 2016 | $113,740 + $41,034 $154,774 | $3,745 |
| 2015 | $113,740 + $41,034 $154,774 | $3,744 |
| 2014 | $101,687 + $41,034 $142,721 | $3,401 |
| 2013 | $101,687 + $41,034 $142,721 | $3,384 |
| 2012 | $unknown + $unknown $195,775 | $4,552 |
| 2011 | $unknown + $unknown $267,143 | $6,203 |
| 2010 | $unknown + $unknown $267,143 | $6,085 |
| 2009 | $unknown + $unknown $205,477 | $4,663 |
| 2008 | $unknown + $unknown $183,436 | $4,163 |
| 2007 | $unknown + $unknown $165,601 | $3,681 |
Listed 2024-05-08
$735,000
Amarillo
Sold 2022-12-19
$0
Public Record
Sold 2022-09-19
$0
Public Record
Listing removed 2009-02-21
$279,900
Amarillo
Relisted 2009-02-13
$279,900
Amarillo
Listing removed 2009-01-22
$279,900
Amarillo
Sold 2009-01-20
$0
Public Record
Listed 2008-01-14
$279,900
Amarillo
Sold 2005-08-18
$0
Public Record
$735,000
Amarillo
Sold 2022-12-19
$0
Public Record
Sold 2022-09-19
$0
Public Record
Listing removed 2009-02-21
$279,900
Amarillo
Relisted 2009-02-13
$279,900
Amarillo
Listing removed 2009-01-22
$279,900
Amarillo
Sold 2009-01-20
$0
Public Record
Listed 2008-01-14
$279,900
Amarillo
Sold 2005-08-18
$0
Public Record
Year Built: 1950
Building Exterior Type: Brick Veneer
Construction Materials: Brick Veneer
Living Area Source: Appraisal District
Property Age: 74
Roof: Composition
Building Exterior Type: Brick Veneer
Construction Materials: Brick Veneer
Living Area Source: Appraisal District
Property Age: 74
Roof: Composition
Bivins Elementary School is a public elementary school located approximately 0.6 miles away.
Map directions
Map directionsTascosa High School is a public high school located approximately 1.2 miles away.
Map directions
Map directionsAustin Middle School is a public middle school located approximately 1.4 miles away.
Map directions
Map directionsSt. Andrew's Episcopal School is a private elementary and middle school located approximately 0.5 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.