Ranch Hand Apartments
$13,000,000
10570 U.S. 60, Canyon, TX 79015
62,422 sqft
Building Size
87
Units
Details:
Description:
The Ranch Hand Apartments are comprised of three well thought out floor plans. There are two different floor plans for tenants seeking one bedroom units. There's also a selection of two bedroom units available for rent. This property is a public water system producing water to the property from four wells. This creates a significant opportunity to minimize expenses as an owner. Additionally, each unit has been separately metered for electricity. New ownership has the opportunity to convert the property from an all bills paid model to a tenant paid structure.
The Ranch Hand Apartments are located in beautiful Canyon, TX. Canyon is home to West Texas A&M University, Palo Duro State Park, and is within a 25 minute drive to Downtown Amarillo, TX. This property is located in an area primed with growth.
Limited opportunity to purchase a Class A asset
This property caters to a large population of West Texas A&M Students in the marketplace
Ranch Hand offers the unique opportunity to immediately add value to a low-maintenance, class A asset
Canyon is a growing market situated between two top secondary markets in Texas
Location
