3318 S Western St | Amarillo, TX 79109
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- LoopNet Team
3318 S Western St
Amarillo, TX 79109
Parks at Granite · Multifamily Property For Sale
·
142,300 SF
INVESTMENT HIGHLIGHTS
- Outstanding Value-Add Opportunity Through Interior Upgrades, Current All Bill Paid Rents of $747
- Market Rent Growth of 13.6% in Q1'22, Market Occupancy of 97%
- Increased Collections through Utility Bill Back
- YOY New Job Growth of 4,000, Unemployment Rate of 2.7%
PROPERTY FACTS
| Property Type | Multifamily | Building Size | 142,300 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1964/1973 |
| Lot Size | 5.79 AC | Parking Ratio | 0.43/1,000 SF |
| Zoning | MF1 | ||
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 5.79 AC |
| Building Size | 142,300 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/1973 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | MF1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Fitness Center
- Playground
- Pool
- Property Manager on Site
- Basketball Court
- Package Service
- Lounge
- Maintenance on site
PROPERTY TAXES
| Parcel Number | R-370-0080-0500-0 | Improvements Assessment | $4,449,469 |
| Land Assessment | $630,531 | Total Assessment | $5,080,000 |
PROPERTY TAXES
Parcel Number
R-370-0080-0500-0
Land Assessment
$630,531
Improvements Assessment
$4,449,469
Total Assessment
$5,080,000
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