3309 Sherry Ln | Abilene, TX 79603
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- LoopNet Team
3309 Sherry Ln
Abilene, TX 79603
Courtyard Park · Multifamily Property For Sale
·
105 Units
INVESTMENT HIGHLIGHTS
- Value-Add: Opportunity to increase NOI by experienced operator through renovations and operational enhancements.
- Well-located in northwest Abilene, just minutes from Interstate 20 and U.S. 83. 15 minutes from Dyess Air Force Base
- Potential to implement a RUBS program, allowing the new owner to capture additional income.
- Stabilized Asset with strong in-place cash-flows
- Dyess Air Force Base spans 6,972 acres and supports 14,283 personnel, including over 8,000 employees.
- Abilene offers a cost of living that is 8% below the national average, making it an affordable and attractive market.
PROPERTY FACTS
| No. Units | 105 | Lot Size | 5.03 AC |
| Property Type | Multifamily | Building Size | 101,820 SF |
| Property Subtype | Apartment | Average Occupancy | 86% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 1974 |
| Zoning | MF - MF | ||
| No. Units | 105 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 5.03 AC |
| Building Size | 101,820 SF |
| Average Occupancy | 86% |
| No. Stories | 3 |
| Year Built | 1974 |
| Zoning | MF - MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Tile Floors
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 105 | - | 290 - 480 |
PROPERTY TAXES
| Parcel Number | 70043 | Improvements Assessment | $2,590,653 |
| Land Assessment | $90,347 | Total Assessment | $2,681,000 |
PROPERTY TAXES
Parcel Number
70043
Land Assessment
$90,347
Improvements Assessment
$2,590,653
Total Assessment
$2,681,000
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