For Sale
Request a price1613 Polk St Amarillo, TX 79102
- Added:
- Dec 11, 2024
- Days on market:
- 137
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
Nearby Similar for Sale
FAQs
- Where is the apartment building located?
- The property is located at 1613 Polk St Amarillo, TX.
- What are key features of this property?
- This property features: 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.
- How can I contact the broker?
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