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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

Property Taxes

Parcel Number
00500-00120-00000-000000
Land Assessment
$2,250
Improvements Assessment
$219,420
Total Assessment
$221,670
  • Listing ID: 41920508

  • Date on Market: 8/28/2026

  • Last Updated:

  • Address: 98 Broadway Ave, Groom, TX 79039

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