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37 Adobe Trl
Borger, TX 79007
Adobe Creek Village Apartments · Multifamily Property For Sale · 36 Units

INVESTMENT HIGHLIGHTS

  • - Current ownership has performed renovations totaling $121,890
  • - Subject property is less than 1.0 mile from the Borger Country Club
  • - The subject property consists entirely of townhomes and duplexes
  • - New ownership, based upon move-in rents and area rent comps, can raise rents up to $170 / unit
  • - With a population of over 12,500, Borger is the largest city in Hutchinson County
  • - New ownership has the opportunity to implement interior upgrade program to remaining 12 units

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 5.11 AC
Building Size 33,700 SF
Average Occupancy 97%
No. Stories 2
Year Built/Renovated 1980/2004
Zoning Multi-family - Multi-family

AMENITIES

UNIT AMENITIES

  • Washer/Dryer Hookup
  • Yard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 24 $752.00 850
3+1.5 10 $812.00 1,050
4+1.5 2 $1,100 1,219

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102076
Land Assessment
$11,870
Improvements Assessment
$101,400
Total Assessment
$113,270
  • Listing ID: 27598860

  • Date on Market: 1/26/2023

  • Last Updated:

  • Address: 37 Adobe Trl, Borger, TX 79007

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