For Sale
Call for price

1613 Polk StAmarillo, TX 79102

Added:
Dec 11, 2024
Days on market:
117

Highlights

  • Long-term ownership (20+ years) with consistently high occupancy and proactive capital expenditure management.
  • Below-market rents due to a debt reduction and high occupancy strategy.
  • Located in Amarillo, Texas, a rapidly growing city with historically low unemployment.
  • Strong local economy and recession-resistant market position.
  • Attractive cap rate, positive leverage potential, and significant value-add opportunity through rent increases and property improvements.
  • Seller financing may be considered for qualified buyers.

Property Details for 1613 Polk St

Property type
Apartment buildings
Square Feet
111,765 SF
Class
C
Year Built
1926
Units
176

Location Insight

City
Amarillo
County
Potter
State
Texas
Latitude
35.1961413
Longitude
-101.8389474
1613 Polk St, Amarillo, Texas

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1613 Polk St
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