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20-Unit Townhome Apartment Property
For Sale
$2,500,000

4500 S Virginia Street, Amarillo, TX 79109

Two-story units offer private courtyards, individual utility metering, covered parking, storage, fireplaces, and central heat and air.

Property Size1,039 SF
Price / SF$2,406
Days on Market46

Property Features for 4500 S Virginia Street

General Information

Standard status Active
Size 1,039 SF
Property subtype Multi-Family

Units

Multifamily Units 20
Parking per Unit 1

Additional Details

Utilities to Site Yes

Amenities

private courtyards
central heat and air
granite counter-tops
stoves
refrigerators
dishwashers
separate meters
fireplaces
storage building

Building Details

Year Built 1980
Stories 2
Listing Agency: French and Co., REALTORS
Listed By: Paul French · License #FRP
Source: Choosemeraki
Added: Jul 19 Changed: Aug 30 Last Checked: Aug 31 at 1:06PM

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 French and Co., REALTORS

Investment Insights

Based on property information with market context.

This 20-unit apartment property consists of two-story townhomes with private courtyards and two bathrooms in each unit. Interior features include granite countertops, stoves, refrigerators, dishwashers, fireplaces, and central heat and air. Each residence includes one covered parking space with an associated storage unit at the carport, while a separate storage building serves the complex.

Water, gas, and electric service are separately metered for every unit. Exterior sprinkler systems are installed throughout the property. Built in 1980, the community is located at 4500 S Virginia Street in Amarillo, Texas.

Key Highlights

  • 20 townhomes, each arranged over 2 stories
  • Private courtyards and 2 bathrooms per unit
  • One covered parking space and storage unit per residence

Property Analytics

Current Use

The Luxe Townhomes Apartment Complex Fox Fire Glen ... Hotel & Motel Casanovas caterings Vacation Rental

Suggested Use

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

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

20
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

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

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 - Two-story units offer private courtyards, individual utility metering, covered parking, storage, fireplaces, and central heat and air.
Where is this apartment building located?
The property is located at 4500 S Virginia Street Amarillo, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 20 townhomes, each arranged over 2 stories; Private courtyards and 2 bathrooms per unit; One covered parking space and storage unit per residence
More about this property
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