4301 SW 51st Ave | Amarillo, TX 79109
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4301 SW 51st Ave
Amarillo, TX 79109
Veranda Gardens · Multifamily Property For Sale
·
112 Units
PROPERTY FACTS
| No. Units | 112 | Building Size | 83,412 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 2.66 AC | ||
| Zoning | GR | ||
| No. Units | 112 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.66 AC |
| Building Size | 83,412 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | GR |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Security System
- Public Transportation
ABOUT 4301 SW 51ST AVE , AMARILLO, TX 79109
Cedar Ridge Apartments is a 112 unit apartment community located in Amarillo, TX. It's currently an all bills paid property and the new owner could add value to the property several ways: increasing rents to market, reducing collection losses, and getting tenants to pay utilities by implementing RUBs. For More Information Visit: https://buildout.com/website/128113-sale
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $550.00 | 400 |
| 1+1 | 64 | $650.00 | 578 - 592 |
| 2+1 | 5 | $775.00 | 794 |
| 2+2 | 32 | $875.00 | 992 |
| 3+2 | 7 | $1,069 | 1,184 |
PROPERTY TAXES
| Parcel Number | R-086-3500-6170-0 | Improvements Assessment | $2,735,775 |
| Land Assessment | $250,034 | Total Assessment | $2,985,809 |
PROPERTY TAXES
Parcel Number
R-086-3500-6170-0
Land Assessment
$250,034
Improvements Assessment
$2,735,775
Total Assessment
$2,985,809
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