Stabilized 105-Unit Multifamily | Courtyard Park Apartments | Abilene, TX
Market Price
3309 Sherry Lane, Abilene, TX 79603
5.03 acres
Lot Area
90
Occupancy
Details:
Highlights:
- Less than 5 miles from Stargate Project, the first $7B OpenAI Data Center under construction
- Potential to increase NOI through renovations and operational enhancements by an experienced operator.
- Strong in-place income provides immediate returns.
- Situated in northwest Abilene, just minutes from Interstate 20 and U.S. 83. Only 15 minutes from Dyess Air Force Base, a 6,972-acre installation supporting 14,283 personnel, including over 8,000 employees.
- Opportunity to capture additional income through a Ratio Utility Billing System.
- Abilene’s cost of living is 8% below the national average, making it attractive for residents and employees alike.
Description:
Ri Marketplace Online Auction July 14- 16, 2025
Register to bid on Marketplace:
https://rimarketplace.com/auction/2580/stabilized-105-unit-multifamily-courtyard-park-apartments-abilene-tx?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2580
Berkadia, in conjunction with RI Marketplace, is pleased to offer Courtyard Park, which consists of 105 multifamily units. The property is located at 3309 Sherry Lane, Abilene, TX 79603. Courtyard Park will be sold in the July 16th Auction Event through RealInsight Marketplace. Located minutes from Abilene’s top economic drivers, Courtyard Park offers easy access to Stargate Project ($7B OpenAI Data Center), Dyess Air Force Base (14,283 total personnel and 8,000+ employees), Hendrick Health System (3,600+ employees), and Abilene’s university footprint. With Abilene’s low cost of living, the market provides attractive living options for residents and employees. Consisting of 105 units, the property is comprised of studio and one-bedroom floor plans averaging 422 square feet. Potential buyers have the opportunity to increase NOI through remaining unit upgrades (55 units non-renovated) and RUBS program implementation to capture additional income.
Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344
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