This property is Off-Market

2802 S. 41st Street
Abilene, TX 79605 ·

52 Units · Multifamily For Sale

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Meridian Apartments

Price N/A Property Use Type Investment
No. Units 52 Cap Rate 9.69%
Building Size 30,064 SF Occupancy 94%
Property Type Multifamily No. Stories 2
Property Sub-type Garden/Low-Rise Year Built 1977
Listing ID: 14906149 Date Created: 12/03/2006 Last Updated: 08/08/2007

Description

Nice 52 Unit complex located just inside the South Loop in Abilene. 3 Two Story Apartment Buildings with a separate Leasing Office and Laundry Facility just beside the pool. Many cosmetic improvements have been completed at the property. Assumable financing in place - 6.67% fixed to 4/2011 on a 30 yr amort

Property is located in Abilene, TX about 150 miles West of Dallas / Ft. Worth. It sits in the South portion of town just on the outskirts of a nice established neighborhood with good access on to major roads. The Abilene Regional Mall is just across the Street from the complex.

Highlights

  • Prime Location
  • Great Upside
  • Strong, Stable, Growing Community
  • Many improvements completed
  • Assumable Financing
  • Low Expenses - Great Occupancy

Research

2802 S. 41st Street, Abilene, TX 79605 (Taylor County)

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