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1725 E 1st St
Dumas, TX 79029
Jasmine Apartments · Multifamily Property For Sale
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142 Units
Investment Highlights
- Jasmine Apartments is a 142-unit garden-style apartment community spanning 28 buildings at full occupancy with prospects and deposits on a waitlist.
- Seamless transition for owners with a property management and maintenance team in place, and the Yardi 360 platform to allow for remote management.
- LARGEST APARTMENT/MULTIFAMILY PROVIDER IN THE TOWN. spread around the prime area ofDumas
- Motivated seller has owned this property since 2005 and recently made several upgrades like a brand-new roof in 2023and 62 units has NEW CAC/HEAT.
- Conveniently placed near high-volume employers, four minutes to Memorial Hospital, 15 minutes to the Valero refinery, and 17 minutes to JBS.
- WALK TO HOSPITAL,CITY HALL. DOWNTOWN,YMCA, ELEMENTARY,MIDDLE,HIGHSCHOOL,BUS STOP, CHURCHES.
Property Facts
| No. Units | 142 | Building Size | 118,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1984/2005 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 8.72 AC | ||
| Zoning | multifamily - multifamily | ||
| No. Units | 142 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.72 AC |
| Building Size | 118,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1984/2005 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | multifamily - multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Loft Layout
- Vinyl Flooring
- Window Coverings
Site Amenities
- Property Manager on Site
- Furnished Units Available
- Package Service
- Storage Space
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 28 | $650.00 | 604 - 654 |
| 2+1 | 64 | $700.00 | 716 - 1,140 |
| 2+2 | 22 | $1,000 | 1,150 |
| 3+1 | 28 | $1,050 | 926 - 982 |
Property Taxes
| Parcel Number | 14201 | Improvements Assessment | $1,276,560 |
| Land Assessment | $159,720 | Total Assessment | $1,436,280 |
Property Taxes
Parcel Number
14201
Land Assessment
$159,720
Improvements Assessment
$1,276,560
Total Assessment
$1,436,280
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