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900 Broadway 16 Unit Apartment Building $560,000 ($35,000/Unit) Plainview, TX 79072
EXECUTIVE SUMMARY
900 Broadway is a beautifully preserved piece of history located in Plainview, Texas. Investors have the opportunity to buy a fully remodeled 16 unit apartment building as well as a vacant storefront adjacent to the property. The storefront has a street address of "908 Broadway" but the parcel is included with 900 broadway per Hale county records. 900 Broadway is comprised of both efficiencies and one bedroom apartments.
PROPERTY FACTS
| Price | $560,000 | Building Class | C |
| Price Per Unit | $35,000 | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 8,400 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2012 |
| Property Subtype | Apartment | Parking Ratio | 1.19/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | Downtown Commercial Dstrt | ||
| Price | $560,000 |
| Price Per Unit | $35,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 8,400 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2012 |
| Parking Ratio | 1.19/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Downtown Commercial Dstrt |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | 250 |
| 1+1 | 8 | - | 450 |
1 1
PROPERTY TAXES
| Parcel Number | 22405 | Improvements Assessment | $255,659 |
| Land Assessment | $13,125 | Total Assessment | $268,784 |
PROPERTY TAXES
Parcel Number
22405
Land Assessment
$13,125
Improvements Assessment
$255,659
Total Assessment
$268,784
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900 Broadway
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