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1200-1208 Aspen Dr
Andrews, TX 79714
Aspen Apartments · Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Building Size | 19,848 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1982 |
| Building Class | C | Parking Ratio | 3.63/1,000 SF |
| Lot Size | 1.03 AC |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 19,848 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 3.63/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Fireplace
- Heating
- Refrigerator
- Oven
- Walk-In Closets
- Patio
SITE AMENITIES
- Online Services
- Public Transportation
ABOUT 1200-1208 ASPEN DR , ANDREWS, TX 79714
CALL FOR OFFERS: 2/25/19 Co-brokerage Fee of 2% Completed in 1982, Aspen Apartments consists of 24 units and presents the opportunity to acquire a strong cash-flowing asset that enjoys an outstanding location in Andrews, TX. Aspen Apartments location is highlighted by a high average household income of more than $86,800 within a three-mile radius. A new owner is afforded the opportunity to further improve the property that will provide an immediate return on investment, with current level 1 renovations achieving a $58/mo. premium and level 2 renovations achieving a $92/mo. premium. In addition, the property received all new roofs in 2018.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 24 | $941.00 | 827 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $839,050 | |
| Land Assessment | $60,420 | Total Assessment | $899,470 |
PROPERTY TAXES
