This Multifamily Property is Off-Market.

2802 S. 41st Street
Abilene, TX 79605 ·

52 Units · Multifamily For Sale

N/A

Print

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)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Abilene Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)