4101 Republic Ave - Apartments FOR SALE


Amarillo, TX 79109
$2,700,000 USD
806-676-7709
4101 Republic Ave, Amarillo, TX for Sale
$2,700,000 USD
Apartments - FOR SALE
1/13
null | 8.82% Cap Rate

4101 Republic Ave
Amarillo, TX 79109


HIGHLIGHTS

  • Secure access and controlled entry to on-site laundry
  • Ample paved parking accommodates residents and guests
  • Eff cient unit layouts encourage long-term tenancy
  • Dedicated on-site management office supports operational oversight
  • Value-add opportunity through selective interior upgrades and Class IV Roof replaced 2023
  • Immediate proximity to key arterial routes within Amarillo

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.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

48

PRICE/UNIT

$56,250

CAP RATE

8.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Belmont Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,653 SF

ZONING

LC

APN/PARCEL ID

R-086-3450-0455

ASK ABOUT THIS PROPERTY

Bobby TylerKW CommercialMore Info
806-676-7709

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Bobby TylerKW CommercialMore Info
806-676-7709

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