Property profile

10109 River Rd Amarillo, TX 79108

OFF-MARKET
Residential income homes
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Residential income homes

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10109 River Rd Amarillo, TX 79108
Amarillo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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