Prime location just blocks away from WTAMU campus. WTAMU has an enrollment of over 10,000 and has recently added a state of the art football stadium with capacity for 12,000 and a 150,000 sqft Agricultural Sciences Center. . There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., Ponderosa and Pepper Tree & Four Seasons are within blocks from the property. . Amarillo is the second fastest growing mid-sized city in the nation. . Competing properties have waitlists and similar units rent at higher amounts. New ownership can take a hands-on approach to increase income. . 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 building a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 workers.
- Property Type
Multi-Family
- Year Built
1968
- Total Building Size
15,072RSF
- Total Available
15,072RSF
- Last updated
Dec 15, 2023
- Property ID
2229776
