Littlefield Multifamily Investment
1100 S Wicker Avenue Littlefield, TX 79339
For Sale
$2,400,000
MULTI_FAMILY - Littlefield, TX
Days on Market82
Property Features for 1100 S Wicker Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Description
- SOUTHMOOR ADDITION, W/145' BLOCK A & B & W/50' OF E/198.8 BLOCK B, SOUTHMOOR ADDITION, W/145' BLOCK C, SOUTHMOOR ADDIT
Building Details
- Year built
- 1970
Listing Agency:
FIMC Commercial Realty
(806) 358-7151
Listed By:
Kirk Chudej · License #604402
(806) 358-7151
Added: May 5
Last Checked: Jul 25 at 1:06PM
MLS# 26-3673
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Oak Terrace Apartments, located at 1100 S Wicker Avenue in Littlefield, Texas, presents a multifamily investment opportunity. The property is situated in close proximity to Highway 385 and Highway 84. The property consists of 45 units and is currently operating at approximately 93% occupancy. The property generated approximately $238,940 in trailing NOI on $340,126 in total income, supporting a 9.96% cap rate. Current ownership has maintained the asset, but rents remain below market averages, creating an opportunity for investors to increase NOI through strategic rent adjustments. The property demonstrates strong collections and consistent income performance.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Littlefield Apartments
Apartment Building
Oak Terrace Apartments
Apartment Complex
FAQs
What type of property is this?
Apartment building - Value-add multifamily property in Littlefield, Texas with strong income performance.
Where is this apartment building located?
The property is located at 1100 S Wicker Avenue Littlefield, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 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.
