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2601 N Grand St
Amarillo, TX 79107
Cross Timbers at Grand Street · Multifamily Property For Sale
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136 Units
Investment Highlights
- ATTRACTIVE ASSUMABLE DEBT – FIXED 3.57% RATE
- OPTIMAL UNIT MIX – LARGER FLOOR PLANS DRIVE REVENUE
- LIMITED MARKET COMPETITION – STRONG RENT & OCCUPANCY STABILITY
Property Facts
| No. Units | 136 | Building Size | 122,298 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1981 |
| Building Class | B | Parking Ratio | 1.97/1,000 SF |
| Lot Size | 8.00 AC | ||
| Zoning | MF1 - Multifamily | ||
| No. Units | 136 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.00 AC |
| Building Size | 122,298 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 1.97/1,000 SF |
| Zoning | MF1 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Ice Maker
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 625 |
| 2+2 | 80 | - | 899 |
| 3+2 | 24 | - | 1,104 |
Property Taxes
| Parcel Number | R-073-0500-5000-0 | Improvements Assessment | $4,628,032 |
| Land Assessment | $121,968 | Total Assessment | $4,750,000 |
Property Taxes
Parcel Number
R-073-0500-5000-0
Land Assessment
$121,968
Improvements Assessment
$4,628,032
Total Assessment
$4,750,000
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