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200 NW Avenue M
Andrews, TX 79714
Greenmark at Andrews · Multifamily Property For Sale
·
144 Units

PROPERTY FACTS
| No. Units | 144 | Building Size | 118,104 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2014 |
| Building Class | A | Parking Ratio | 2.54/1,000 SF |
| Lot Size | 6.67 AC |
| No. Units | 144 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 6.67 AC |
| Building Size | 118,104 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 2014 |
| Parking Ratio | 2.54/1,000 SF |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Range
- Carpet
- Island Kitchen
- Pantry
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Clubhouse
- Media Center/Movie Theatre
ABOUT 200 NW AVENUE M , ANDREWS, TX 79714
HFF has been exclusively retained to offer qualified investors the unique opportunity to acquire Greenmark at Andrews (The “Property”), a newly constructed, 144 unit, one of a kind garden apartment community located in the growing city of Andrews, TX. Constructed in two phases in 2012 and 2016, and strategically positioned in the heart of Andrews County, Greenmark at Andrews offers residents the only Class A luxury apartment community in the entire market. Complete with the premier amenity package in the city, the Property features a resort-style pool, serene movie theatre, professional business center, and community clubhouse, giving the Property an inviting luxury home feel. Offering a complete array of 1, 2, and 3 bedroom homes, residents are indulged with top-of-market finish-outs including wood-style flooring, stainless steel appliances and dark custom cabinetry. Located just off of Main St., Greenmark at Andrews is a prominent landmark within the city of Andrews and offers direct access to major thoroughfares, TX Hwy 385 and TX Hwy 176, providing quick connectivity to Midland, Odessa and Central Texas. The Property is situated in the booming oil producing Permian Basin, one of the most active regions in the US, where oil production is still extremely profitable. Furthermore, Greenmark at Andrews benefits from a complete lack of competition and operates as the only complex of its kind in Andrews resulting in a continuous realization of full occupancy and rent growth. This region’s economic viability coupled with the Property’s unique nature and luxury amenities combine to make Greenmark at Andrews an extremely attractive offering.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 72 | - | 654 - 678 |
| 2+2 | 54 | - | 898 - 967 |
| 3+2 | 18 | - | 1,146 |
PROPERTY TAXES
| Parcel Number | 05235-00010-0000 | Improvements Assessment | $9,736,334 |
| Land Assessment | $53,360 | Total Assessment | $9,789,694 |
PROPERTY TAXES
Listing ID: 9910600
Date on Market: 11/8/2017
Last Updated:
Address: 200 NW Avenue M, Andrews, TX 79714
