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Lakeview Apartments 2600 N Hobart St 50 Unit Apartment Building $6,000,000 ($120,000/Unit) 8.12% Cap Rate Pampa, TX 79065



Investment Highlights
- Value Add Opportunity
- *****Seller financing available~Contact broker for more details
- Seller will consider all offer and may offer some seller financing
Executive Summary
Seller financing available-contact broker for more details.
Ph:469-879-8585
udi@paragonmultifamily.com
Ph:469-879-8585
udi@paragonmultifamily.com
Data Room Click Here to Access
Property Facts
| Price | $6,000,000 | Building Class | C |
| Price Per Unit | $120,000 | Lot Size | 5.96 AC |
| Sale Type | Investment | Building Size | 43,400 SF |
| Cap Rate | 8.12% | Average Occupancy | 88% |
| No. Units | 50 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | B1 - Multifamily | ||
| Price | $6,000,000 |
| Price Per Unit | $120,000 |
| Sale Type | Investment |
| Cap Rate | 8.12% |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.96 AC |
| Building Size | 43,400 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | B1 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Family Room
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 36 | - | 900 |
| 3+2 | 4 | - | 1,000 |
| 1+1 | 10 | - | 700 |
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Property Taxes
| Parcel Number | 110302840010010000000 | Improvements Assessment | $412,220 |
| Land Assessment | $138,400 | Total Assessment | $550,620 |
Property Taxes
Parcel Number
110302840010010000000
Land Assessment
$138,400
Improvements Assessment
$412,220
Total Assessment
$550,620
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Lakeview Apartments | 2600 N Hobart St
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