203 15Th Ave Amarillo, TX 79107

This exceptional investment opportunity presents a portfolio of 34 duplexes, totaling 68 units, situated in Amarillo, Texas. Each unit boasts 660 square feet of living space, featuring two bedrooms and one bathroom. Built in 1953, this property offers a substantial 44,880 square feet of net rentable area spread across one-story buildings. Currently, the average rent is $863 per month, significantly below the market rate, with a HUD rate of $1079 per month. This presents a compelling opportunity to increase rental income. The property's location in North Amarillo, near major employers such as Northwest Texas Healthcare System, BSA, Pantex Plant, and Tyson Foods, ensures strong tenant demand. The portfolio benefits from a large portion of HUD/PCS tenants, providing a stable income base. Seller financing is available, and projections indicate a 7.7% cash-on-cash return in the first year. Detailed financial information is accessible via a provided link. This portfolio is ideally suited for investors seeking a strong return on investment in a stable market. The property is located at 203 NW 15th Ave, Amarillo, TX 79107, within Potter County. This well-positioned asset offers significant upside potential for savvy investors.