www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26860242
26860267

6 Locations

RD
TX TX 9004042
Partners
MB
TX TX 663805
Partners
SL
TX 787298
Partners
Listed by Partners
$7,000,000
267 days on market
Updated 29 days ago

Amarillo Multifamily Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 75,836
Units 145
NOI $636,206
Occupancy 85%
Stories 2

Multifamily | 145 Units | $48,276/unit | Minimum Bid: $7,000,000

Marketing description

Offered at: $9,280,000 | 145 Units | ±75,836 SF on ±4.1 Acres

Partners is pleased to offer a six-property portfolio totaling ±75,836 SF and 145 units across 4.1 acres in the growing Texas

Panhandle markets of Amarillo and Canyon. Offered at $9,280,000, this diverse commercial assets provides stabilized income with strong value-add potential.

Located across two high-visibility sites in Amarillo and four in Canyon, the buildings range in size from ±3,630 SF to ±24,456 SF, with flexible layouts and varied lot sizes. The properties are positioned along major thoroughfares with direct access to I-27 and I-40, providing excellent regional connectivity.

Market Highlights

Amarillo is a key economic hub for the Panhandle region, with a metro population over 270,000 and strengths in agriculture, energy, manufacturing, and healthcare. Canyon benefits from university-driven demand and steady growth tied to West Texas A&M University.

What Is a Minimum Bid?

Minimum Bid represents the starting price at which ownership is willing to review qualified purchase offers.

Investment highlights

Investment Highlights

  • Since the operational approach was to pay down debt and keep the properties full for the ease of management, rents are below market

  • All properties consistently above 90% occupancy

  • Amarillo has been selected as the site of Fermi America’s revolutionary AI Hyper Grid campus, a first-of-its-kind, 18 million square foot facility

  • Amarillo continues to attract residents and businesses with its affordable cost of living, pro-business environment, and expanding infrastructure

  • Anchored by robust sectors such as healthcare, agriculture, energy, education, and aerospace, Amarillo’s economy offers long-term stability and growth

  • Home to West Texas A&M University, the region benefits from a steady influx of students, faculty, and staff, bolstering demand for rental housing near

This portfolio offers investors immediate cash flow and long-term appreciation in two of West Texas’ most resilient and growing communities.

Listing Contacts

RD
TX TX 9004042
Partners
MB
TX TX 663805
Partners
SL
TX 787298
Partners
Listed by Partners

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$636,206.00
$53,017.17/mo

Valuation Metrics

0
DSCR
9.09%
Cap Rate
9.09%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ryan DeGennaro
License
TX 9004042
Brokerage Phone
7133167059
Brokerage Address
5847 San Felipe Street
Name
Matt Bean
License
TX 663805
Brokerage Phone
713-303-5603
Name
Scott Lunine
License
787298
Brokerage
Partners Real Estate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591