Evergreen Apartments
$1,500,000
820 Evergreen Street, Amarillo, TX 79107
26,273 sqft
Building Size
43
Units
Details:
Description:
The Evergreen apartment complex features 43 two bed one bath apartment units in the heart of North Amarillo. The property is currently being operated as an all bills paid complex allowing investors to immediately add value by billing the tenants back for their utilities. Current ownership has injected over $250,000 in CAPEX into the property in the prior 4 years leaving new investors the opportunity to quickly begin their value add program.
The Evergreen apartments are conveniently located off of I-40 in North Amarillo. The apartments are expertly positioned within 2 miles of a one million square-foot Amazon fulfillment center , and within 10 minutes of Tyson Foods. This strategic location offers residents convenient access to and from multiple top employers in Amarillo.
Within 10 minutes of a top 3 employer in Amarillo
Going in price per unit is 50% less than 5 year average sold price per unit in Amarillo
Location
