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Sagewood Apartments 900 Scurry St 8 Unit Apartment Building $850,000 ($106,250/Unit) Big Spring, TX 79720
Executive Summary
Sagewood Apartments is an 8-unit multifamily property located at 900–902 Scurry Street in Big Spring, offering stable income with upside potential. The property is currently 87% occupied with a strong, consistent tenant base, making it a solid opportunity for both investors seeking immediate cash flow and those looking to continue improving the asset.
Built in 2000, the property sits on approximately 0.48 acres and features 7,238 square feet of leasable space. All units are three-bedroom, one-bath layouts with functional, open-concept living, dining, and kitchen areas, along with in-unit washer and dryer hookups—features that are highly desirable for long-term tenants in this market.
The property has seen ongoing improvements, including recent window replacements, new flooring in select units, and fresh interior and exterior paint. There is also ample space on-site to accommodate shared parking for all residents, adding to the overall practicality and tenant appeal.
Located just south of Downtown Big Spring at the corner of Scurry Street and W 9th Street, 900–902 Scurry offers a strong mix of accessibility and privacy within an established commercial corridor. Positioned just east of South Gregg Street, a primary north–south thoroughfare, the property benefits from proximity to high-traffic retail and daily amenities while maintaining a quieter setting along Scurry Street.
Built in 2000, the property sits on approximately 0.48 acres and features 7,238 square feet of leasable space. All units are three-bedroom, one-bath layouts with functional, open-concept living, dining, and kitchen areas, along with in-unit washer and dryer hookups—features that are highly desirable for long-term tenants in this market.
The property has seen ongoing improvements, including recent window replacements, new flooring in select units, and fresh interior and exterior paint. There is also ample space on-site to accommodate shared parking for all residents, adding to the overall practicality and tenant appeal.
Located just south of Downtown Big Spring at the corner of Scurry Street and W 9th Street, 900–902 Scurry offers a strong mix of accessibility and privacy within an established commercial corridor. Positioned just east of South Gregg Street, a primary north–south thoroughfare, the property benefits from proximity to high-traffic retail and daily amenities while maintaining a quieter setting along Scurry Street.
Property Facts
| Price | $850,000 | Lot Size | 0.48 AC |
| Price Per Unit | $106,250 | Building Size | 7,238 SF |
| Sale Type | Investment | Average Occupancy | 88% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1997 |
| Property Subtype | Apartment | Parking Ratio | 2.21/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | C3 | ||
| Price | $850,000 |
| Price Per Unit | $106,250 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.48 AC |
| Building Size | 7,238 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1997 |
| Parking Ratio | 2.21/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 8 | - | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 285104 | Improvements Assessment | $216,266 |
| Land Assessment | $8,658 | Total Assessment | $224,924 |
Property Taxes
Parcel Number
285104
Land Assessment
$8,658
Improvements Assessment
$216,266
Total Assessment
$224,924
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Sagewood Apartments | 900 Scurry St
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