• 1900 Wisdom Drive - 1900 Wisdom Drive, Amarillo, TX 79106

For Lease

Unit DeVille & Wolflin

Available December 15, 2023
  • Available on
    December 15, 2023
  • Time on Market
    5 months
  • Last updated
    Dec 14, 2023
  • Space ID
    2151099
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Property Details

The property sits below competitors in rents and occupancy. New ownership will have immediate upside with a more hands-on approach. . Prime location just within blocks of the medical district, where over 5,000 people are employed. . There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., Deville and Wolfin is within walking distance of West Oaks. . Deville and Wolflin sit on five separate parcels, offering a unique opportunity to buy one property and exit as multiple smaller properties. . Amarillo is the second fastest growing mid-sized city in the nation. . Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%. . There are numerous major economic projects slated to add over 4,500 jobs to the local economy in the next few years, including Producer Owned Beef which plans to build a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 people.

  • Property Type
    Multi-Family
  • Year Built
    1965
  • Total Building Size
    49,172RSF
  • Total Available
    49,172RSF
  • Last updated
    Dec 15, 2023
  • Property ID
    2229785

Landlord's Leasing Representatives

  • Angel Flores
     
  • Sean Scott
     
  • Ryan Quaid