749 E North 10th St - Apartments FOR SALE


Abilene, TX 79601- North Abilene
$1,900,000 USD
214-727-5169
749 E North 10th St, Abilene, TX for Sale
$1,900,000 USD
Apartments - FOR SALE
1/3
null | 7% Cap Rate

749 E North 10th St
Abilene, TX 79601
North Abilene


HIGHLIGHTS

  • Established multifamily property within north Abilene.
  • Convenient access to East Highway 80 and downtown Abilene.
  • Located near neighborhood retail, services, and community amenities.
  • Positioned within a growing regional market supported by diverse employers.
  • Existing apartment improvements provide ongoing residential use.
  • Accessible location serving multiple employment and education centers.

OVERVIEW

749 E North 10th Street presents an opportunity to acquire a multifamily asset in north Abilene, a market supported by continued population growth and a diverse employment base anchored by education, healthcare, military, logistics, and regional service industries. The property is positioned near the East Highway 80 corridor with convenient access to downtown Abilene, major thoroughfares, local retail services, and community amenities that support resident demand. The apartment community consists of multiple residential units within an established neighborhood setting. Its location provides connectivity to employment centers, educational institutions, shopping destinations, and daily services, offering residents practical access throughout the city. Abilene's estimated population reached 131,588 residents in 2025, reflecting continued regional growth and supporting long-term housing demand. Investors may benefit from the property's position within a mature residential area where access to transportation routes and neighborhood services contribute to tenant convenience. The surrounding area includes a mix of residential, commercial, and community uses, creating a stable environment for multifamily occupancy. The property's existing improvements provide a foundation for continued operation while offering future ownership the ability to evaluate operational enhancements and long-term asset management strategies. The combination of an established multifamily use, access to regional transportation corridors, and proximity to key city destinations positions the property within one of West Texas' principal regional markets.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

36

PRICE/UNIT

$52,778

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Radford Hills Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

68165

ASK ABOUT THIS PROPERTY

Richard RobsonMarcus & MillichapMore Info
214-727-5169

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

Richard RobsonMarcus & MillichapMore Info
214-727-5169

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