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11-Unit Apartment Building
For Sale
$500,000

700 S Mcgee Street, Borger, TX 79007

Apartment property with laundry and storage areas, plus owner-paid water and gas service.

Property SizeContact for details
Days on Market42

Property Features for 700 S Mcgee Street

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 10 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 11

Amenities

laundry room
storage
window air conditioning

Building Details

Year Built 1964
Listing Agency: French and Co., REALTORS
Listed By: Paul French · License #FRP
Source: Choosemeraki
Added: Jul 19 Changed: Aug 28 Last Checked: Aug 29 at 6:17AM

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 11-unit apartment property, built in 1964, includes a mix of 10 two-bedroom, one-bath units and one three-bedroom, one-bath unit. Common improvements include a laundry room and separate storage area.

Ownership pays for water and gas. Most apartments use electric heat and window air-conditioning units, providing the primary heating and cooling systems across the property.

Key Highlights

  • 11‑unit apartment complex built in 1964
  • Unit mix includes 10 two‑bedroom, one‑bath apartments and 1 three‑bedroom, one‑bath apartment
  • Laundry room and storage area included

Property Analytics

Current Use

Central Station Apartments Apartment Building

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Veterinary Clinic

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

Demographics for 79007, TX

13,819
Population
6,671
Households
2.1
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
44.4 sq mi
ZIP Area
311
Density / Sq Mi
$61,701
Median Household Income
$39,476
Median Earnings
$846
Median Rent
$94,700
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 - Apartment property with laundry and storage areas, plus owner-paid water and gas service.
Where is this apartment building located?
The property is located at 700 S Mcgee Street Borger, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 11‑unit apartment complex built in 1964; Unit mix includes 10 two‑bedroom, one‑bath apartments and 1 three‑bedroom, one‑bath apartment; Laundry room and storage area included
More about this property
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