500 Main Ave Denver City, TX 79323

The Chaparral House Apartments, located at 500 S Main Ave, Denver City, TX 79323, presents a compelling investment opportunity. This two-story, garden-style apartment community boasts 24 two-bedroom, one-bathroom units, all currently occupied with a waiting list. Built in 1980, the property sits on a sizable 42,105 square foot lot (APN 2173) and is conveniently situated less than two miles from the Denver City Airport. The property benefits from upgraded interiors, reflecting a commitment to maintaining quality living spaces for residents. Its self-managed structure offers streamlined operational efficiency. The strategic location provides residents with easy access to nearby shopping, dining, and entertainment options, enhancing the property's appeal and contributing to its consistently high occupancy rate. This multifamily asset offers a strong foundation for immediate cash flow and potential future appreciation, making it an attractive addition to any investment portfolio. The property's current 100% occupancy rate and existing waiting list underscore its strong market demand and potential for continued success. This is a rare opportunity to acquire a well-maintained, high-performing apartment complex in a stable market.