806-777-4459
2500 W 26th St, Plainview, TX for Sale
Apartments - FOR SALE
1/50
null | Request Cap Rate

2500 W 26th St
Plainview, TX 79072


HIGHLIGHTS

  • Multiple Value - Add Avenues
  • Under Market Rents
  • Low Basis with Going-in Cash Flow

OVERVIEW

The Go-Getters Multifamily Team is proud to present the Edgemere Apartments, a 40-unit complex located in Plainview, TX. Originally constructed in 1959, the property is comprised primarily of two-bedroom units. Edgemere Apartments offers multiple value-add opportunities, including the ability to capture an estimated $140 rent increase through the renovation and modernization of all remaining classic units. This property represents a strong opportunity for those looking to significantly enhance NOI through interior upgrades.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edgemere Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

N/A

APN/PARCEL ID

15375

ASK ABOUT THIS PROPERTY

Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.