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Property profile & analytics
FOR SALE
Apartment buildings

4101 Republic Ave Amarillo, TX 79109

22,080 SF Built 1977
Property ID
US82-3453806
Property summary
AI-generated overview

4101 Republic Avenue offers a compelling Class C multifamily value-add opportunity with a stable in-place income stream and clear upside potential. The property features a functional unit mix and efficient layout that supports consistent occupancy USA Today Reports Amarillo As The Fastest Growing Midsize City In The Country. Amarillo Is Emerging As One Of The Most Dynamic Growth Markets, Combining Steady Population Expansion With Strong Job Creation And Economic Diversification. With A Population Exceeding 200,000 And Continued Regional Growth, The City Is Attracting New Residents, Businesses, And Investment At An Increasing Pace. Key Industries Including Aerospace, Manufacturing, Energy, Healthcare, And Logistics Are Driving Job Growth, Highlighted By Major Expansions Such As New Aviation Facilities At Rick Husband Amarillo International Airport, Downtown Office Development From Pantex, And New Industrial Investments Bringing High-Quality Jobs To The Area. Downtown Amarillo Is Undergoing A Significant Revitalization, With New Residential Units, Hotels, And Mixed-Use Developments Transforming The Urban Core Into A Vibrant Live-Work-Play Environment. This Reinvestment Is Creating Momentum Across Retail, Dining, And Commercial Sectors. Amarillo’s Central Location, Business-Friendly Environment, Lower Cost Of Living, And Access To Major Transportation Corridors Continue To Attract Employers And Developers Alike. With Ongoing Infrastructure Improvements And Expanding Housing Development, The City Is Well-Positioned For Sustained, Long-Term Growth.

Property profile
Verified
Property type Apartment buildings
Year built 1977
Total area 22,080 SF
UPID US82-3453806
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Belmont Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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