$1,250,000

3004 Westhaven Dr

Amarillo TX, 79109

Description

21 Door Rental package available! All 2 bed 1 bath units in 10 Buildings plus one office area. Cap rate of 7.43% at list price. There are 10 buildings for 20 doors and 1 back office area in alleyway renting for 200 a month. All units save 1 are in rent-able condition. Bids to rehab is 5,600 to make ready the last door. Rents range from 675-725 a month with owner paying water. Tenants pay the remaining utilities. Licensed Management in place currently and negotiable with new owner. Some units are on City HUD most are self pay. All units are 2 bed 1 bath, Some have Washer/Dryer hookups and some have Central HVAC. Some units also have had newer gas lines, water heaters, stove, ranges, ECT. Management has full information available from 9/2019 to current with approval letter.

Details

Listing Number20-743
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site165

Features

SQ Feet1,550
Building(s)1

Market Activity 79109

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Area Information

StateTX
CountyRandall
CityAmarillo
Zip Code79109
AreaLawrence Park
Listing VS Median (in 79109)
Price:
$1,250,000
low | high
Med:
$209,950
100% of Average
SqFt:
1,550
low | high
Med:
2,051
17.677419354839% of Average
$ / SqFt:
$806
low | high
Med:
$103
100% of Average
On Site:
165
low | high
Med:
35.500000
100% of Average
Listing Updated: 07/10/2020
Jarec Pace LogoMLS Number: 20-743
Listing Provided By:
Jarec Pace  of  French and Co. REALTORS(r)

All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Amarillo Association of REALTORS and may not be the listings of the site owner

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