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    Littlefield Multifamily Investment Opportunity
    Updated: May 5
    Littlefield Multifamily Investment Opportunity

    1100 S Wicker Avenue, Littlefield, TX 79339

    $2,400,000
    Value‑add multifamily investment opportunity.
    High current occupancy rate of approximately 93%.
    Trailing NOI of approximately $238,940 on $340,126 total income, supporting a 9.96% cap rate.
    Opportunity to increase NOI through strategic rent adjustments to market averages.
    Strong collections and consistent income performance.
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    Value-Add Apartment Community
    Updated: Jan 5
    Value-Add Apartment Community

    1100 South Wicker Avenue, Littlefield, TX 79339

    $2,400,000
    Oak Terrace Apartments is a 1970‑built, 45‑unit multifamily property in Littlefield, TX
    Approximately 93% occupancy currently, with strong collections and consistent income performance
    Trailing financials show about $238,940 NOI on about $340,126 total income (about 9.96% cap rate)
    Current operations generate about $270,938 NOI before fixed expenses (per trailing figures)
    Rents are currently below market averages, offering potential to increase NOI through strategic rent adjustments
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Lamb County, TX, we suggest exploring several alternatives:

    Lamb County, TX Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Lamb County, TX on our real estate platform.

    Sale prices for two-family homes in Lamb County, TX average $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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