2713 SW 9th Apartments | 2713 SW 9th Ave
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2713 SW 9th Apartments 2713 SW 9th Ave
5 Unit Block of Flats £232,371 (£46,474/Unit) 11.08% Net Initial Yield Amarillo, TX 79106
Investment Highlights
- New TPO roof
- Updated Interiors, new water heaters, new lighting
- Three units fully renovated and one partially renovated
Executive Summary
Value add opportunity in strong Texas market
Excellent location in SW Amarillo
Updated interiors, new water heaters, new lighting
Three units fully renovated and one partially renovated
Under market rents
Excellent location in SW Amarillo
Updated interiors, new water heaters, new lighting
Three units fully renovated and one partially renovated
Under market rents
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | £232,371 | Apartment Style | Low Rise |
| Price Per Unit | £46,474 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Net Initial Yield | 11.08% | Building Size | 2,035 SF |
| No. Units | 5 | Number of Floors | 1 |
| Property Type | Residential | Year Built/Renovated | 1955/2024 |
| Property Subtype | Apartment |
| Price | £232,371 |
| Price Per Unit | £46,474 |
| Sale Type | Investment |
| Net Initial Yield | 11.08% |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,035 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1955/2024 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 1 | £433.23 | - |
| 1+1 | 4 | £590.77 | - |
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | R-073-2400-4480-0 | Total Assessment | £69,727 |
| Land Assessment | £9,007 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £60,720 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R-073-2400-4480-0
Land Assessment
£9,007
Improvements Assessment
£60,720
Total Assessment
£69,727
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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2713 SW 9th Apartments | 2713 SW 9th Ave
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