Abilene, TX 79605,4026 S 7th Street
$2,640,000
Est.Price: ?

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9.71 Acres Lot

4026 S 7th Street Abilene, TX 79605

Est. payment /mo
SOLD DATE : 04/27/2023

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Elmwood West

MLS Listing ID 20235604

Year Built 1950

Annual Tax Amount $10,536

Lot Size 9.707 Acres

Property Description

PROPERTY SLATED TO CLOSE 4-17-23 136-unit value add multifamily property in a stable, centrally-located neighborhood. This property needs investors to address windows, HVAC, & interiors which then requires investors to develop a plan for water & electric service to accomdate upgrades to make these apartments marketable. Complex currently at 9% occupancy and those units lease for $0.81 per sf. Average area rents are $1.05 per sf. Full offering memorandum can be seen at tm.barnetthill.com.

Location

State TX

County Taylor

Interior

Heating Natural Gas, Wall Furnace, Other, None

Cooling Electric, Window Unit(s), None

Exterior

Utilities Available Alley, MUD Sewer, MUD Water

Roof Type Composition

Building

Lot Description Acreage

Story Two

Foundation Pillar/Post/Pier

Structure Type Brick

Schools

Elementary Schools Bonham

Middle Schools Craig

High Schools Abilene

School District Abilene Isd

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by John Hill • Barnett & Hill
Bought with Arthur Pongtaratik • Coldwell Banker Realty Frisco

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Lily Moore

Broker

+1(817) 715-3771

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