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Edgemere Apartments
$1,800,000
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 situated in Plainview, TX. Constructed in 1959, this property predominantly features two-bedroom units, appealing to a varied tenant demographic. This complex offers multiple value-add opportunities, including the potential implementation of RUBS to optimize utility expense management, as well as opportunities for interior renovations to enhance unit appeal. This property represents an exceptional investment opportunity for those seeking to boost NOI.
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 | ||
|---|---|---|
| Edgemere Offering Memorandum |
Location
Gallery
