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1911 Madison Apartments

$1,095,000

1911 Madison Street, Amarillo, TX 79109

Active
Last Updated: 10/29/2024

4,440 sqft

Building Size

0.2619 acres

Lot Area

Details:
Building Size:    4,440 sqft
Lot Area:    0.2619 acres
Occupancy:    100%
Units:    6
Year Built:    2020
Floors:    1
Highlights:
  • - 4,440 SF building
  • - Six units
  • - Built in 2020
  • - Zoned Multi Family - 2
  • - Located in Amarillo
  • - 100% occupancy
  • - Modern construction
  • - Turnkey investment opportunity
  • - Strong rental history
  • - Prime location
  • - Lucrative addition to portfolio
Description:

Presenting a prime investment opportunity in Amarillo, TX, this multifamily property boasts a 4,440 SF building with six units, all constructed in 2020. Zoned as Multi Family - 2, this turnkey asset is currently operating as short-term rentals but has several long-term leases previously. The modern construction and only being 4 years old make this property an enticing prospect for multifamily and low-rise/garden investors seeking a lucrative addition to their portfolio. With its prime location and strong rental history, this property sets the stage for a seamless and profitable investment in the Amarillo market.

Situated in the heart of Amarillo, this location is ideal for a short-term rental operation, offering convenient access to Interstate 40 and the bustling downtown area. Guests will enjoy easy access to downtown attractions, making it an attractive choice for those seeking a comfortable and accessible stay in this vibrant city.

Map:
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