Meadow Creek Apartments
$8,400,000
4402 Meadow Creek Trail, San Angelo, TX 76904
81,984 sqft
Building Size
3.63 acres
Lot Area
Details:
Description:
Beautiful Meadow Creek Village apartments are located in the growing Texas Secondary market of San Angelo. Meadow Creek offers three extremely spacious floor plans with several outstanding amenities. Tenants enjoy the usage of a split level pool, on-site laundry, and covered parking with assigned spaces. Meadow Creek has been owned and cared for meticulously by the same operators for nearly three decades.
The Meadow Creek apartments are conveniently located on the southwest side of San Angelo. With access to HWY 67 and Loop 306 this location provides excellent access to all that San Angelo has to offer. Two of the top employers in San Angelo, Goodfellow Air force Base, and Angelo State University are within 9 miles, and 3 miles, respectively.
This offering gives investors an opportunity to purchase a property from an operator that has over 30 years of historical data.
This property is currently being offered significantly below market rents giving new ownership the opportunity to significantly increase revenues.
Extensive CAPEX has been injected into this property within the last five years of ownership.
This deal has several favorable amenities including individual patios, community pool, laundry on-site, and many more.
Location
