Texas Apartment Buildings for Sale

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Piper Boulevard & Island Moorings Parkway

Port Aransas, TX 78373

Multi-Family

$528,0001,850 SF

See photos. This property will be under construction by summer's end. They provide rare 3 or 4 story townhomes . The units can have elevators (optional) and the 4 story units feature a fabulous private roof patio with a private hot tub, wet bar and awesome views of the marina. All townhomes have 3 bedrooms, 3.5 bathrooms, a small entry garden and a two car garage. Prices vary with optional additions. Boat slips are also available to townhome owners for rent or purchase. Prices will vary depending on boat size.

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1620 Interstate Drive E

Amarillo, TX 79103

Multi-Family

$3,100,00039,000 SF

The Red Roof Inn Amarillo is a pet friendly, outside corridor hotel built in 1985. The hotel has 104 guest rooms and a 3 bedroom managers quarters. Property is close to the Convention Center and less than 3 miles from the Coliseum. Hotel features free WiFi, continental breakfast, guest laundry, and an outdoor pool. This property is priced 3x RRM for quick sale. Extra land is now part of the sale. Amarillo is a Truck junction and this property is perfect for truck parking or RV business. Leverage the extra land and increase sales. DOWNLOAD AND SIGN THE ATTACHED NDA TO GET DETAILS.

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7922 Shadow Dance Lane

Richmond, TX 77407

Multi-Family

$395,0002,950 SF

Newly built home in excellent development. Great investment property, rentals in this area from $2500-3500/monthly and rental rates are only climbing. Great long term investment. Quality home built by LENNAR. Home prices & rental rates rapidly increasing due to demand and lack of inventory. High ceiling, all appliances, dishwasher/ wash&dryer, microwave, refrigerator, sprinkler system, large kitchen with granite counters, 4 bedrooms, 2.5 baths, large upstairs gameroom, alarm, large backyard.

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3905 Lockwood Drive

Houston, TX 77026

Multi-Family

$1,750,00048,350 SF

The Legacy Apartments is a 70-unit apartment community constructed in 1965 and 1970. The property consists of two separate phases less than a mile from one another on Lockwood Dr. The Legacy Apartments in positioned 2 miles east of Highway 59, less than a mile south of Interstate 610, and 1.5 miles north of Interstate 10. Houston's Central Business District is within 4 miles with over 150,000 employees and 11 Houston Fortune 500 Company Headquarters. The Legacy apartments presents an opportunity to increase rental rates through an interior and exterior renovation program. Surrounding rental comparables are achieving $1.00 to $1.32 per SF in market rents, providing a new owner significant rental upside which are currently $0.96 per SF at the subject. The property is a recent foreclosure.

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1100 Milburn Avenue

Odessa, TX 79761

Multi-Family

Price Upon Req.83,290 SF

Property Tours will be available November 19th and 20th, Please RSVP with Kent Myers @ 512-338-7853Auction.com and Marcus & Millichap present the opportunity to acquire Village Place Apartments, A 83,290 SF apartment community. Village Place Apartments is currently 93% occupied with $680k in Net Operating Income and offers a central location with access to major traffic arteries. Completed in 1971, the property offers a swimming pool, mature trees, and spacious floor plans. Village Place is within 3.7 miles of The University of Texas of the Permian Basin (UTPB; enrollment of 5,500), and a satellite campus of The University of Texas. Odessa benefits from its proximity to the Permian Basin, which has the largest source of oil and gas deposits in the United States. Oil is the primary economic driver in the area. Midland/Odessa is currently experiencing a "turbocharged" economic expansion with retail sales up 20% year over year.

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23393 Nameless Road

Leander, TX 78641

Multi-Family

$399,0006,300 SF

Seven condos offered as a package to an investor. They are already leased and a property management company is in place. These are duplex style single story condos. HOA is $170/month/unit. All units are built on a concrete slab and the roof was replaced in the last few years. Great for a small or large investor to add to their portfolio. A lot of room to add value by simply raising rents to market rents when the leases come due. All units are identical 900 sqft, 2 bedroom, 1.5 baths.

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23393 Nameless Road

Leander, TX 78641

Multi-Family

$57,000900 SF

There are 7 condos available for purchase and only offered as a package deal. They are 2 bedroom 1.5 bath, 900 sqft each. The market rents are $850/month. There is a management company in place that will transfer with sale(unless bought out of contract). These are big units at a great price. The cash flow is there. All units are built on a concrete slab and the roof has been replaced in the last few years. HOA is $170/month/unit. HOA pays for water/waste water, trash, lawn care, and exterior insurance.

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3575 Lone Star Circle

Fort Worth, TX 76177

Multi-Family

Price Upon Req.1,808 SF

Texas Motor Speedway Condo Auction 2 Condo Units No Minimum Bid! Tues, Dec 16 " 11 AM On-Site Auction: 3575 Lone Star Circle, Unit 801, Fort Worth, TX 76177 Previews: Nov 21 " 12-5 PM & Dec 2 " 12-5 PM 2 Condo Units Unit 801 " Dramatic views of Turns 1, 2 & The Speedway Club " Speedways landscaping w/ spectacular sunset views " Newly renovated unit w/ 2-BR, 2-BA and outdoor balcony " Luxury kitchen w/ stainless steel appliances, glass back splash, farm sink & oak cabinets Unit 802 " 2-BR, 2-BA condo designed for entertaining " Dramatic views of Turns 1, 2 & The Speedway Club United Country bigInk Real Estate & Auction Services Logan Thomas TX RE Lic#619034 TX AU Lic#17228 TERMS: Final bid price subject to seller confirmation. 12% Buyer' s Premium. Cooperating brokers compensated, must fill out representation form. $10,000 cashier' s check per unit for bidder registration, fully refundable.

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1031 N Sumner Street

Pampa, TX 79065

Multi-Family

$2,388,00022,800 SF

100% Occupancy for the past 4 years. INCOME / EXPENSE VERIFIABLE BY TAX RETURNS! Courtyard Apartments has gone through extensive renovations since 2008 which includes but is not limited to wood floors or ceramic tile throughout, new kitchens, new appliances, new laundry room with owned machines. Koi pond and upgraded outdoor living space and landscaping. Maintenance / Asst Manager available to stay. Has been with property since 2008. All Bills Paid with only $125,786 in annual expenses. Net Operating Income is $227,917 Property is on a partial LURA - 19 units at Low Income with $35,000 income limit (2 people household) or rent limit of $699 for 1 bdr or $787 for 2bdr. Detailed Rent Rolls, Capital Expenditure, Actual Annual and Monthly Profit & Loss Statements, Profit & Loss Proforma, Survey and 2012 Appraisal available upon request. Stable economic growth from oil/gas as well as wind energy industries.

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5304 Evans Avenue

Austin, TX 78751

Multi-Family

$630,0003,470 SF

Perfect investment opportunity for a newer construction (built in 2004) in the North Loop/North Campus area (named Austin's fasted growing neighborhood). 5 bedroom, 3.5 bath house with a fully detached 2 bedroom, 2 bath back garage apartment. The main house is currently leased through July 2015 for $3300. The back garage apartment is leased through July 2016 for $1450. Great cash flow with minimal vacancy. These properties lease quickly year after year. Occupied photos available upon request.

Texas Apartment Buildings for Sale

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