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Big Spring Multifamily Investment Opportunity
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900-902 Scurry Street, Big Spring, TX 79720

Eight-unit multifamily property in Big Spring, Texas, with income potential.

Property Size7,238 SF
Lot Size0.48 Acres
Price / SF$117.44
Days on Market152

Property Features for 900-902 Scurry Street

General Information

Standard status Active
Size 7,238 SF
Lot size 0.48 Acres
Property subtype Multifamily
Occupancy 87%

Building Details

Year Built 2000
Year Renovated 2024
Buildings 3
Stories 2
Units 8
Listing Agency: Moriah Real Estate Company, LLC
Listed By: Jack Oduro · License #799220
Source: Crexi
Added: Mar 25 Changed: Aug 13 Last Checked: Aug 21 at 12:10PM

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 Moriah Real Estate Company, LLC

Investment Insights

Based on property information with market context.

The Sagewood Apartments, located at 900–902 Scurry Street in Big Spring, Texas, is an 8-unit multifamily property offering stable income with upside potential. Constructed in 2000, the property is situated on approximately 0.48 acres and includes 7,238 square feet of leasable space. The property is currently 87% occupied with a consistent tenant base. Each unit features a three-bedroom, one-bath layout with an open-concept living, dining, and kitchen area, as well as in-unit washer and dryer hookups. The property has undergone improvements, including recent window replacements, new flooring in select units, and fresh interior and exterior paint. Ample on-site shared parking is available for residents. Located just south of Downtown Big Spring at the corner of Scurry Street and W 9th Street, the property is positioned just east of South Gregg Street, near high-traffic retail and daily amenities, while maintaining a quieter setting along Scurry Street. This property is suited for investors seeking immediate cash flow and those looking to continue improving the asset.

Key Highlights

  • Strong, consistent tenant base with 87% occupancy provides stable income.
  • All units feature desirable three‑bedroom, one‑bath layouts with in‑unit washer and dryer hookups.
  • Recent improvements including window replacements, new flooring, and fresh paint enhance property value.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility HVAC Service Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

724
Businesses Nearby

Demographics for 79720, TX

31,948
Population
13,309
Households
2.4
Avg Household Size
38
Median Age
16%
College-Educated
82%
High-School Grad
986.0 sq mi
ZIP Area
32
Density / Sq Mi
$71,194
Median Household Income
$42,167
Median Earnings
$994
Median Rent
$146,500
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 - Eight-unit multifamily property in Big Spring, Texas, with income potential.
Where is this apartment building located?
The property is located at 900-902 Scurry Street Big Spring, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Strong, consistent tenant base with 87% occupancy provides stable income.; All units feature desirable **three‑bedroom, one‑bath layouts with in‑unit washer and dryer hookups.**; Recent improvements including window replacements, new flooring, and fresh paint enhance property value.
(432) 682-2510 Call to check price and availability
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