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Jefferson Square Apartments

$2,495,000

200 North Jefferson Street, Abilene, TX 79603

Active
Last Updated: 06/26/2024

28,952 sqft

Building Size

40

Units

Details:
Building Size:    28,952 sqft
Units:    40
Year Built:    1978
Floors:    1
Description:

Jefferson Square is located in Abilene TX. The 40 unit property consists of one bedroom and two bedroom floor plans. The units are designed as four-plexes giving investors the opportunity to own almost an entire block of properties. The units are separately metered and offer a slew of value added opportunities including: billing the tenants back for their water bills as well as raising rents significantly.


Abilene, Texas, offers a promising investment landscape with its robust economy, driven by sectors like healthcare, education, and manufacturing. The city boasts a strategic central location along I-20, strong infrastructure, and a business-friendly environment, fostering growth opportunities. With ongoing development projects and a supportive community, Abilene is an attractive destination for investors seeking stability and potential returns. Jefferson Square is located within minutes of some of Abilene's largest employers making this property prime for investors seeking stable returns.



Introduce RUBS and bill back utilities to tenants
Increase rents by over $100 per unit on average

Map:
Documents:
Title
Jefferson Square Offering Memorandum
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Location
Gallery