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Stabilized Duplex Apartment Portfolio
For Sale
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1000 N Lake St, Amarillo, TX 79107

Nine buildings with 18 duplex units, professionally managed, newer roofs, and on-site storage.

Property SizeContact for details
Days on Market135

Property Features for 1000 N Lake St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 18

Amenities

storage
Listing Agency: Cathy Bourke
Listed By: Jarec Pace · License #TX 0652486
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 9:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cathy Bourke

Investment Insights

Based on property information with market context.

This for-sale portfolio consists of nine buildings containing 18 total 1-bedroom duplex units. The property is described as having stabilized occupancy and includes storage on site. Roofs are noted as newer, and professional management has been in place for several years.

The public remarks indicate the property is located on a quiet corner of town and is close to the new Amazon building. Exteriors of the buildings are noted as needing TLC, and the owner currently pays all bills, with electric suggested for tenant payment.

As currently presented, the offering supports an income-producing residential strategy with 1-bedroom duplex layouts across the full 18-door portfolio.

Key Highlights

  • 9 buildings with 18 duplex units
  • Stabilized occupancy with 1‑bedroom duplex units
  • Professionally managed for several years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon HVAC Service Nail Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 79107, TX

37,480
Population
12,346
Households
3
Avg Household Size
34
Median Age
6%
College-Educated
61%
High-School Grad
19.6 sq mi
ZIP Area
1,912
Density / Sq Mi
$39,474
Median Household Income
$28,084
Median Earnings
$1,016
Median Rent
$88,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Nine buildings with 18 duplex units, professionally managed, newer roofs, and on-site storage.
Where is this duplex located?
The property is located at 1000 N Lake St Amarillo, TX.
What are key features of this property?
This property features: 9 buildings with 18 duplex units; Stabilized occupancy with 1‑bedroom duplex units; Professionally managed for several years
(806) 672-9579 Call to check price and availability
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