PROPERTY SLATED TO CLOSE 4-17-23 136-unit value add multifamily property in a stable, centrally-located neighborhood. This property needs investors to address windows, HVAC, & interiors which then requires investors to develop a plan for water & electric service to accomdate upgrades to make these apartments marketable. Complex currently at 9% occupancy and those units lease for $0.81 per sf. Average area rents are $1.05 per sf. Full offering memorandum can be seen at tm.barnetthill.com.
Sold on 04/27/23
Price Unknown
4026 S 7th St, Abilene, TX 79605
--beds
--baths
46,987sqft
Multi Family
Built in 1950
-- sqft lot
$2,395,000 Zestimate®
$--/sqft
$1,328 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 27, 2023 at 07:40am
Listed by:
John Hill 0627718 325-677-3500,
Barnett & Hill 325-677-3500
Bought with:
Arthur Pongtaratik
Coldwell Banker Realty Frisco
Source: NTREIS,MLS#: 20235604
Facts & features
Interior
Heating
- Natural Gas, None, Other, Wall Furnace
Cooling
- Electric, None, Window Unit(s)
Features
- Other
Interior area
- Total structure area: 46,987
- Total interior livable area: 46,987 sqft
Property
Parking
- Total spaces: 200
- Parking features: Covered
- Covered spaces: 88
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 9.71 Acres
- Features: Acreage
Details
- Parcel number: 61928
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Utilities for property: Municipal Utilities, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Abilene
- Subdivision: Elmwood West