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321 W 22nd St
Big Spring, TX 79720
Hillcrest Apartments · Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 3,737 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1991 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.32 AC |
| Building Size | 3,737 SF |
| No. Stories | 1 |
| Year Built | 1991 |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Oven
- Pantry
SITE AMENITIES
- Laundry Facilities
ABOUT 321 W 22ND ST , BIG SPRING, TX 79720
Hillcrest Apartments is a nice one-story, five unit complex built in 1991 located in Big Spring, Texas. Hillcrest has 3 two bedrooms units and 2 one bedroom units. There are two huge opportunities to increase revenues and the value of the property. The current rents are under market value. Also, the owner currently pays the water/ sewer/trash bill and these would ideally be allocated back to the tenants using RUBS. This property 1/2 block west of Gregg St / Hwy 87 (which is the main North-South road that runs through Big Spring) and 3 blocks north of Marcy Drive / Hwy 700 (one of the main East-West roads that runs on the south side of town). It's next to the VA hospital and near several eating places and shopping including Wal Mart, HEB, Mcdonald's and Wendy's.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $550.00 | 421 |
| 2+1 | 3 | $725.00 | 861 |
PROPERTY TAXES
| Parcel Number | 279329 | Improvements Assessment | $176,148 |
| Land Assessment | $10,487 | Total Assessment | $186,635 |
PROPERTY TAXES
