Edgemere Apartments
Market Price
2500 West 26th, Plainview, TX 79072
32,640 sqft
Building Size
40
Units
Details:
Description:
The Go-Getters Multifamily Team is proud to present the Edgemere Apartments, a 40-unit complex located in Plainview, TX. Originally constructed in 1959, the property is comprised primarily of two-bedroom units. Edgemere Apartments offers multiple value-add opportunities, including the ability to capture an estimated $140 rent increase through the renovation and modernization of all remaining classic units. This property represents a strong opportunity for those looking to significantly enhance NOI through interior upgrades.
Plainview, Texas, presents an exceptional opportunity for investment and growth, thanks to its strategic location and robust, diverse economy. The city is home to several key employers that drive its economic vitality, making it an attractive destination for both businesses and residents. Among the notable employers are Covenant Hospital, Walmart Distribution Center, United Supermarkets, and Wayland Baptist University.
Multiple Value - Add Avenues
Strategic Location
Low Basis with Going-in Cash Flow
Documents:
| Title | ||
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| Edgemere Offering Memorandum |
Location
Gallery
