Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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