Property Details for 1613 Milam St

Property type

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of 23 single-family rental homes located in and around Amarillo, Texas, specifically in Potter County, at 79102 zip code. Priced at $2,950,000, this land-owned portfolio offers significant potential for substantial returns. The properties are situated at various addresses, with a primary address listed as 1613 S Milam St, Amarillo, TX. The portfolio includes a mix of properties: a majority have undergone remodeling, while others require additional work, presenting a flexible investment strategy for both immediate income generation and future value appreciation. The sale includes the land ownership of all 23 properties. This is a unique opportunity to acquire a substantial rental portfolio in a growing Texas market. The properties are offered as a single package, but the seller is open to considering the sale of multiple smaller packages. This presents a unique opportunity for investors seeking a diverse portfolio or those looking to scale their investment gradually. The portfolio is being offered as an owner/user investment, providing a potential for both rental income and direct property management. This is a rare opportunity to acquire a significant number of rental properties in a single transaction, minimizing acquisition costs and streamlining management. The portfolio's location in Amarillo, TX offers access to a growing population and a strong rental market. Detailed property information and financial projections are available upon request.

Location Insight

City

Amarillo

County

Potter

State

Texas

Longitude

-101.8607716

Latitude

35.1962283