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40-Unit Apartment Community
For Sale
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Pending

200 North Jefferson Street, Abilene, TX 79603

Forty-unit multifamily property with current occupancy near 90% and in-place rental income.

Property Size34,736 SF
Days on Market129

Property Features for 200 North Jefferson Street

General Information

Standard status Pending
Size 34,736 SF
Class C
Property subtype Multifamily
Occupancy 90%
Investment Type Value Add

Additional Details

Highway Access Yes
Multifamily Units 40

Building Details

Year Built 1976
Year Renovated 2024
Buildings 3
Stories 1
Units 40
Tenancy Multi
Listing Agency: FIMC Commercial Realty
Listed By: Kirk Chudej · License #TX 604402
Source: Crexi
Added: Apr 27 Changed: Aug 8 Last Checked: Jul 26 at 3:46AM

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 FIMC Commercial Realty

Investment Insights

Based on property information with market context.

Jefferson Square Apartments is a 40-unit multifamily property presented for sale. The building is currently operating at approximately 90% occupancy and has an in-place monthly rent roll of approximately $30,976. In-place occupied units average roughly $860 per occupied unit.

The property is located at 200 N. Jefferson in Abilene, Texas, and is described as being in close proximity to Highway 277 and Interstate 20, supporting convenient regional access.

The listing is positioned as a stabilized asset with additional upside anticipated through lease-up and rent normalization, based on the difference between in-place rents and current average asking rents reported by ALN for January 2026.

Key Highlights

  • 40‑unit multifamily property built in 1976
  • Currently operating at approximately 90% occupancy with in‑place monthly rent roll of about $30,976
  • In‑place occupied rent averages roughly $860 per occupied unit

Property Analytics

Current Use

Jefferson Square Apartment Complex

Suggested Use

Top Pick Dental Office Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center

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

40
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 79603, TX

23,746
Population
9,960
Households
2.4
Avg Household Size
35
Median Age
17%
College-Educated
83%
High-School Grad
59.2 sq mi
ZIP Area
401
Density / Sq Mi
$53,579
Median Household Income
$32,339
Median Earnings
$1,022
Median Rent
$114,000
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?
Apartment building - Forty-unit multifamily property with current occupancy near 90% and in-place rental income.
Where is this apartment building located?
The property is located at 200 North Jefferson Street Abilene, TX.
What is the asking price?
The asking price for this property is $2,775,000.
What are key features of this property?
This property features: 40‑unit multifamily property built in 1976; Currently operating at approximately 90% occupancy with in‑place monthly rent roll of about $30,976; In‑place occupied rent averages roughly $860 per occupied unit
(806) 358-7151 Call to check price and availability
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