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Synder Apartments 500 28th St 9 Unit Apartment Building $299,000 ($33,222/Unit) Snyder, TX 79549
EXECUTIVE SUMMARY
Introducing the Snyder Apartments! Located at 500-506 & 510 28th St, Snyder, TX 79549, this property offers a prime investment opportunity at a sales price of $299,000. With a unit mix of 8 duplex-style 1BR/1BA units and a 2BR/1BA single-family home, the property comprises 9 units in 5 buildings. This distressed sale presents various potential approaches, including a redevelopment opportunity for new quadplexes or rehabbing existing units. Situated in Snyder, Texas, a burgeoning West Texas hub, the location offers excellent cash flow potential and long-term growth opportunities. With a stable tenant base from various industries and proximity to major cities, Snyder is a strategic investment choice. Don't miss out on this chance to capitalize on low acquisition costs, strong tenant demand, and Snyder's attractive economic landscape.
Contact listing agent for all due diligence.
Seller financing available.
Contact listing agent for all due diligence.
Seller financing available.
PROPERTY FACTS
| Price | $299,000 | Property Subtype | Apartment |
| Price Per Unit | $33,222 | Building Class | C |
| Sale Type | Investment | Building Size | 5,416 SF |
| Sale Condition | Distress Sale | No. Stories | 2 |
| No. Units | 9 | Year Built | 1950 |
| Property Type | Multifamily | ||
| Zoning | R3 | ||
| Price | $299,000 |
| Price Per Unit | $33,222 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 5,416 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | R3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 1 | - | - |
1 1
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Synder Apartments | 500 28th St
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