12980 Wandering Rd, Amarillo, TX 79118
This exceptional investment opportunity presents a four-unit hangar complex ideally situated at 12980 Wandering Rd, Amarillo, TX 79118, within the River Falls HOA. Built in 2012, this property boasts a total of 5,940 square feet across four individual units, each measuring 33x45 feet. Each unit features 41-foot hangar doors, providing ample space for aircraft storage and maintenance. The property sits on a 0.69-acre lot and offers convenient taxiway access directly to Rivers Falls Airport-H81. The hangars are equipped with full electrical service, including 110 and 220-volt plugs, and automatic doors for ease of access. Security is ensured with locked gates surrounding the property. The asking price for this turnkey investment is $295,000, representing a price per square foot of $1. This is a rare opportunity to acquire a well-maintained, strategically located hangar complex with excellent access to airport facilities. Don't miss out on this chance to own a piece of Amarillo's aviation infrastructure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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