10109 River Rd Amarillo, TX 79108
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 10109 River Rd
- Property type
- Residential income homes
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.832
- Latitude
- 35.3144
