Apartment Building with 55
3020 SW 27th Avenue Amarillo, TX 79109
For Sale
$3,550,000
MULTI_FAMILY - Amarillo, TX
Property Size9,600 SF
Price / SF$369.79
Days on Market46
Property Features for 3020 SW 27th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Balcony
- Appliances
- Refrigerator, Range, Disposal, Dishwasher, Cooktop
- Standard status
- Active
- APN
- 213915
- Size
- 9,600 SF
Taxes and HOA fees
- Tax Description
- LAWRENCE PARK ADDN # 6, BLK 0025, 5 EXC N 35FT PLUS ALL OF 6 AND 7
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1974
- Building materials
- Brick Veneer
- Roof type
- Composition
Listing Agency:
FIMC Commercial Realty
(806) 358-7151
Listed By:
Kirk Chudej · License #604402
(806) 358-7151
Added: Jun 10
Last Checked: Jul 25 at 2:06PM
MLS# 26-1518
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.
Patterson Place Apartments is a 55-unit multifamily property built in 1974, offering a mix of 1-bedroom/1-bath and 2-bedroom/1-bath units. The property includes recent upgrades, which may support continued improvements to the resident experience. It is being offered for sale as an income-producing apartment building.
The property is located in SW Amarillo, Texas, at 3020 SW 27th Avenue. Public remarks note proximity to major shopping, grocery stores, and restaurants, placing daily conveniences within the surrounding area.
For buyers and operators seeking a stabilized apartment building with an established unit mix, Patterson Place Apartments provides straightforward residential income housing in a 55-unit configuration. The listing highlights value-add considerations tied to the property’s recent upgrades and the potential to adjust rents over time, subject to applicable market conditions and regulatory requirements. Please rely on due diligence to confirm unit status, upgrade scope, and current operating details prior to forming an investment or ownership plan.
The property is located in SW Amarillo, Texas, at 3020 SW 27th Avenue. Public remarks note proximity to major shopping, grocery stores, and restaurants, placing daily conveniences within the surrounding area.
For buyers and operators seeking a stabilized apartment building with an established unit mix, Patterson Place Apartments provides straightforward residential income housing in a 55-unit configuration. The listing highlights value-add considerations tied to the property’s recent upgrades and the potential to adjust rents over time, subject to applicable market conditions and regulatory requirements. Please rely on due diligence to confirm unit status, upgrade scope, and current operating details prior to forming an investment or ownership plan.
Key Highlights
- Immediate upside potential with below‑market rents.
- Prime SW Amarillo location near major amenities.
- 55‑unit multifamily property with a mix of 1‑bed/1‑bath and 2‑bed/1‑bath units.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - 55-unit multifamily property in SW Amarillo with a mix of 1-bedroom and 2-bedroom units built in 1974.
Where is this apartment building located?
The property is located at 3020 SW 27th Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Immediate upside potential with below‑market rents.; Prime SW Amarillo location near major amenities.; 55‑unit multifamily property with a mix of 1‑bed/1‑bath and 2‑bed/1‑bath units.
