112-Unit Garden-Style Apartment
New
For Sale
$5,998,000
4301 Southwest 51st Avenue, Amarillo, TX 79109
Recent capital work supports continued leasing and operating updates across the community.
Property Size83,440 SF
Days on Market1
Property Features for 4301 Southwest 51st Avenue
General Information
Standard status
Active
Size
83,440 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
112
Building Details
Building Size
83,440 SF
Year Built
1975
Units
112
Construction
garden-style
Listing Agency:
Gaut Whittenburg Emerson Commercial Real Estate
Listed By:
Cathy Derr, CCIM · License #0412282
(806) 373-3111
Source:
Commercialcafe
Added: Oct 19
Last Checked: Oct 19 at 2:08PM
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 Gaut Whittenburg Emerson Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Veranda Gardens is a 112-unit garden-style apartment community in Amarillo, Texas. Built in 1975, the property received capital improvements during 2023–2024. Current operating priorities include leasing vacant units, adjusting rents as units turn over, and expanding the RUBS program.
The community is within two miles of Westgate Mall and less than five minutes from I-27 and I-40. Nearby conveniences include United Supermarkets, CVS, national retailers and restaurants, and local banks.
The community is within two miles of Westgate Mall and less than five minutes from I-27 and I-40. Nearby conveniences include United Supermarkets, CVS, national retailers and restaurants, and local banks.
Key Highlights
- 112‑unit garden‑style multifamily community
- Built in 1975
- Capital improvements completed in 2023–2024
Property Analytics
Lease Details
112
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
Explore this area
Business Placement
Demographics for 79109, TX
42,509
Population
20,308
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
4,127
Density / Sq Mi
$68,579
Median Household Income
$41,410
Median Earnings
$945
Median Rent
$217,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Recent capital work supports continued leasing and operating updates across the community.
Where is this apartment building located?
The property is located at 4301 Southwest 51st Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $5,998,000.
What are key features of this property?
This property features: 112‑unit garden‑style multifamily community; Built in 1975; Capital improvements completed in 2023–2024
