10109 River Rd, Amarillo, TX 79108
This exceptional Amarillo, Texas investment opportunity presents a portfolio of 22 single-family homes totaling 33 rental units. Located at 10109 River Rd, in Potter County, zip code 79108 (35.31439, -101.831644), this portfolio boasts a strong 95% occupancy rate and a compelling 8% capitalization rate. The asking price is $3,100,000, translating to approximately $93,939 per unit. This represents a significant monthly income stream of $30,679. The property is classified as multifamily and is ideal for investors seeking diversification or a substantial cash flow. The seller is open to selling individual properties within the portfolio, offering flexibility for potential buyers. This turnkey investment is ready for immediate income generation and presents a rare opportunity in the Amarillo market. The portfolio's strong performance metrics and the seller's willingness to consider individual property sales make this an attractive proposition for both large and smaller-scale investors. Don't miss this chance to acquire a well-established and profitable rental portfolio in a growing Texas market.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.