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4026 S 7th Street Abilene, TX 79605
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Elmwood West
MLS Listing ID 20235604
Year Built 1950
Annual Tax Amount $10,536
Lot Size 9.707 Acres
Property Description
PROPERTY SLATED TO CLOSE 4-17-23 136-unit value add multifamily property in a stable, centrally-located neighborhood. This property needs investors to address windows, HVAC, & interiors which then requires investors to develop a plan for water & electric service to accomdate upgrades to make these apartments marketable. Complex currently at 9% occupancy and those units lease for $0.81 per sf. Average area rents are $1.05 per sf. Full offering memorandum can be seen at tm.barnetthill.com.
Location
State TX
County Taylor
Interior
Heating Natural Gas, Wall Furnace, Other, None
Cooling Electric, Window Unit(s), None
Exterior
Utilities Available Alley, MUD Sewer, MUD Water
Roof Type Composition
Building
Lot Description Acreage
Story Two
Foundation Pillar/Post/Pier
Structure Type Brick
Schools
Elementary Schools Bonham
Middle Schools Craig
High Schools Abilene
School District Abilene Isd
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Bought with Arthur Pongtaratik • Coldwell Banker Realty Frisco