900 Scurry St - Apartments FOR SALE


Big Spring, TX 79720
$850,000 USD
512-977-8596
900 Scurry St, Big Spring, TX for Sale
$850,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

900 Scurry St
Big Spring, TX 79720


OVERVIEW

Sagewood Apartments is an 8-unit multifamily property located at 900–902 Scurry Street in Big Spring, offering stable income with upside potential. The property is currently 87% occupied with a strong, consistent tenant base, making it a solid opportunity for both investors seeking immediate cash flow and those looking to continue improving the asset. Built in 2000, the property sits on approximately 0.48 acres and features 7,238 square feet of leasable space. All units are three-bedroom, one-bath layouts with functional, open-concept living, dining, and kitchen areas, along with in-unit washer and dryer hookups—features that are highly desirable for long-term tenants in this market. The property has seen ongoing improvements, including recent window replacements, new flooring in select units, and fresh interior and exterior paint. There is also ample space on-site to accommodate shared parking for all residents, adding to the overall practicality and tenant appeal. Located just south of Downtown Big Spring at the corner of Scurry Street and W 9th Street, 900–902 Scurry offers a strong mix of accessibility and privacy within an established commercial corridor. Positioned just east of South Gregg Street, a primary north–south thoroughfare, the property benefits from proximity to high-traffic retail and daily amenities while maintaining a quieter setting along Scurry Street.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

8

PRICE/UNIT

$106,250

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sagewood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C3

APN/PARCEL ID

285104,285106

ASK ABOUT THIS PROPERTY

Jack OduroMoriah GroupMore Info
512-977-8596

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

Jack OduroMoriah GroupMore Info
512-977-8596

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