2410 N Willis St | Abilene, TX 79603
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- LoopNet Team
2410 N Willis St
Abilene, TX 79603
Willow Park Apartments · Multifamily Property For Sale
·
41 Units
INVESTMENT HIGHLIGHTS
- Attractive going-in cap rate offers strong initial returns
- Management-driven value-add opportunity through operational improvements due to current owner being out-of-state
- Major employers and Abilene's population growth contribute to stable rental demand
- Strategic location near I-20 provides excellent accessibility and visibility
- Proximity to three universities with over 10,000 students drives housing demand
PROPERTY FACTS
| No. Units | 41 | Building Size | 33,234 SF |
| Property Type | Multifamily | Average Occupancy | 78% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2005 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 2.65 AC | ||
| Zoning | multifamily - MULTIFAMILY | ||
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.65 AC |
| Building Size | 33,234 SF |
| Average Occupancy | 78% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2005 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | multifamily - MULTIFAMILY |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Carpet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 645 |
| 2+2 | 31 | - | 864 |
PROPERTY TAXES
| Parcel Number | 70275 | Improvements Assessment | $1,312,666 |
| Land Assessment | $49,334 | Total Assessment | $1,362,000 |
PROPERTY TAXES
Parcel Number
70275
Land Assessment
$49,334
Improvements Assessment
$1,312,666
Total Assessment
$1,362,000
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