4302 SW 51st Ave Amarillo, TX 79109

Listing agency Marcus & Millichap - Dallas

Listed by John McGregor · License #TX 646474

Source Crexi

Added: Apr 11 Updated: Jul 23 at 5:39AM Checked: Jul 23 at 5:39AM

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Investment Insights

Based on property information with market context.

This multifamily apartment building has a complete unit upgrade program in place across 90% of the units. The property also includes a water RUBS program intended to support increased income, alongside a conservation program designed to reduce water expense by 31%. Additional income improvements cited include implementing reserved parking to boost income by $32,700 and increasing market rent to meet submarket standards.

The offering is for sale and located at 4302 SW 51st Ave in Amarillo, Texas.

Key Highlights

• Complete unit upgrade program completed in 90% of units
• Water RUBS program in place to boost income
• Reserved parking implemented to help boost income by $32,700

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FAQs

What type of property is this?

Apartment building - Apartment building with completed unit upgrades in 90% of units and programs focused on water cost reduction.

Where is this apartment building located?

The property is located at 4302 SW 51st Ave Amarillo, TX.

What are key features of this property?

This property features: Complete unit upgrade program completed in 90% of units; Water RUBS program in place to boost income; Reserved parking implemented to help boost income by $32,700