1102 Sherman Ave | Levelland, TX 79336
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- LoopNet Team
1102 Sherman Ave
Levelland, TX 79336
Park Terrace & Tower Arms Apartments · Multifamily Property For Sale
·
113 Units
Investment Highlights
- Located across the street from South Plains College
- Room to increase rents and implement value add program
- High occupancy
- Limited supply in the market
Property Facts
| No. Units | 113 | Lot Size | 7.42 AC |
| Property Type | Multifamily | Building Size | 102,875 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1960 |
| No. Units | 113 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.42 AC |
| Building Size | 102,875 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 46 | $475.00 | 561 - 740 |
| 2+2 | 16 | $680.00 | 1,010 |
| 3+2 | 26 | $762.50 | 1,311 - 1,858 |
| Studios | 11 | $385.00 | 409 |
| 2+1 | 14 | $607.50 | 885 - 1,097 |
Property Taxes
| Parcel Number | R5108 | Improvements Assessment | $990,837 |
| Land Assessment | $13,530 | Total Assessment | $1,004,367 |
Property Taxes
Parcel Number
R5108
Land Assessment
$13,530
Improvements Assessment
$990,837
Total Assessment
$1,004,367
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