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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

    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.

    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
    Services availability