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98 Broadway Ave
Groom, TX 79039
Office Property For Sale


Investment Highlights
- 10 total residential rental units
- Downtown Groom location
- Diverse unit mix
- 4 Studio units
- Opportunity for an investor to add value through management, leasing, and improvements
- 2 One-bedroom units, 2 Two-bedroom units, 2 Three-bedroom units
Executive Summary
Prime downtown Groom investment opportunity offering 10 residential rental units with a diverse unit mix and additional covered patio/retail space. This property provides an attractive opportunity for an investor seeking an income-producing multifamily asset in the Texas Panhandle. The property is comprised of 10 residential units, including four studio units, two one-bedroom units, two two-bedroom units, and two three-bedroom units, providing a range of rental options and helping appeal to a broad tenant base.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
9,000 SF
Building Class
C
Year Built
2000
Price
$350,000
Price Per SF
$38.89
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,000 SF
Building FAR
0.80
Lot Size
0.26 AC
Property Taxes
| Parcel Number | 00500-00120-00000-000000 | Improvements Assessment | $219,420 |
| Land Assessment | $2,250 | Total Assessment | $221,670 |
Property Taxes
Parcel Number
00500-00120-00000-000000
Land Assessment
$2,250
Improvements Assessment
$219,420
Total Assessment
$221,670
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