37 Adobe Trl | Borger, TX 79007
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37 Adobe Trl
Borger, TX 79007
Adobe Creek Village Apartments · Multifamily Property For Sale
·
37 Units
PROPERTY FACTS
| No. Units | 37 | Lot Size | 5.11 AC |
| Property Type | Multifamily | Building Size | 33,700 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Townhome | No. Stories | 2 |
| Building Class | B | Year Built | 1980 |
| Zoning | Multi-family - Multi-family | ||
| No. Units | 37 |
| 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 | 1980 |
| Zoning | Multi-family - Multi-family |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
- Yard
ABOUT 37 ADOBE TRL , BORGER, TX 79007
Adobe Creek Village is a 36 unit complex located in Borger Texas, south of Hwy 136 on Fairlanes Blvd. The property consists of 12 one-story duplex buildings and 12 two-story townhome units. The property has had high occupancy in the past and provided owner with great returns. Current occupancy is trailing up, and has room for improvement. When property stabilizes, the asset should generate a high-teens cash on cash return.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 24 | $900.00 | 850 |
| 2+2 | 11 | $933.00 | 1,050 |
| 4+2 | 1 | $1,100 | 1,400 |
| 3+2 | 1 | $1,000 | 1,400 |
PROPERTY TAXES
| Parcel Number | 102076 | Improvements Assessment | $101,400 |
| Land Assessment | $11,870 | Total Assessment | $113,270 |
PROPERTY TAXES
Parcel Number
102076
Land Assessment
$11,870
Improvements Assessment
$101,400
Total Assessment
$113,270
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