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1715 Hailey St
Sweetwater, TX 79556
El-Presidente Apartments · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Same Ownership for 10+ Years
- 36 out of 40 Units are 2-Bedrooms
- Double-Digit Cash-on-Cash Averaged Over Five Years
- Attractive Basis with Operational Upside Through Lease-Up and Stabilization
- Within Commuter Distance of Abilene (180,000+ MSA Population)
- Offered Free and Clear of Existing Debt
Executive Summary
The Multifamily Group is pleased to present the exclusive offering of El Presidente, a unique, val-
ue-add opportunity in Sweetwater, Texas. Constructed in 1977, the property consists of 40 units aver-
aging 805 square feet. The property features one- and two-bedroom floor plans, with 36 of the units
being two-bedrooms. It is currently 85% occupied, compared to a strong submarket occupancy rate of
99%. The El Presidente apartments are being offered free and clear of existing debt.
Location:
El Presidente offers convenient access to I-20, the primary east-west corridor connecting West Texas
to the Dallas-Fort Worth metroplex. The property benefits from strong visibility and accessibility, with
steady traffic flow from both local residents and regional commuters. It is situated near several nation-
al and regional retailers, including Walmart, Dollar General, and Tractor Supply, as well as a variety of
quick-service dining options. Additionally, the property is just minutes from downtown Sweetwater,
where tenants can access local shops, restaurants, and community amenities. The area’s proximity
to major employers in energy, manufacturing, and agriculture supports consistent housing demand.
Sweetwater’s role as a regional hub, combined with ongoing economic activity tied to wind energy
and industrial development, continues to drive long-term growth and stability in the market.
ue-add opportunity in Sweetwater, Texas. Constructed in 1977, the property consists of 40 units aver-
aging 805 square feet. The property features one- and two-bedroom floor plans, with 36 of the units
being two-bedrooms. It is currently 85% occupied, compared to a strong submarket occupancy rate of
99%. The El Presidente apartments are being offered free and clear of existing debt.
Location:
El Presidente offers convenient access to I-20, the primary east-west corridor connecting West Texas
to the Dallas-Fort Worth metroplex. The property benefits from strong visibility and accessibility, with
steady traffic flow from both local residents and regional commuters. It is situated near several nation-
al and regional retailers, including Walmart, Dollar General, and Tractor Supply, as well as a variety of
quick-service dining options. Additionally, the property is just minutes from downtown Sweetwater,
where tenants can access local shops, restaurants, and community amenities. The area’s proximity
to major employers in energy, manufacturing, and agriculture supports consistent housing demand.
Sweetwater’s role as a regional hub, combined with ongoing economic activity tied to wind energy
and industrial development, continues to drive long-term growth and stability in the market.
Property Facts
| Sale Type | Investment | Lot Size | 1.68 AC |
| No. Units | 40 | Building Size | 32,300 SF |
| Property Type | Multifamily | Average Occupancy | 77% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1978 |
| Building Class | C | ||
| Zoning | n/a | ||
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.68 AC |
| Building Size | 32,300 SF |
| Average Occupancy | 77% |
| No. Stories | 2 |
| Year Built | 1978 |
| Zoning | n/a |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | N0273-0016-00 | Improvements Assessment | $514,490 |
| Land Assessment | $49,610 | Total Assessment | $564,100 |
Property Taxes
Parcel Number
N0273-0016-00
Land Assessment
$49,610
Improvements Assessment
$514,490
Total Assessment
$564,100
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