Littlefield Multifamily Investment
For Sale
$2,400,000
1100 S Wicker Avenue, Littlefield, TX 79339
MULTI_FAMILY - Littlefield, TX
Property SizeContact for details
Days on Market94
Property Features for 1100 S Wicker Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
6000 - All areas in the 6000's
Directions
South on Wicker property is on the left.
Subdivision
6000 - S & W of Randall
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
Legal 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: Aug 6 at 3:06AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Explore this area
Business Placement
Demographics for 79339, TX
6,744
Population
3,081
Households
2.2
Avg Household Size
38
Median Age
17%
College-Educated
78%
High-School Grad
334.8 sq mi
ZIP Area
20
Density / Sq Mi
$57,035
Median Household Income
$35,350
Median Earnings
$1,019
Median Rent
$76,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
