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31997695
31997696

1715 HAILEY ST, SWEETWATER, TX 79556-1964

AF
TX 669899
The Multifamily Group
JK
TX 635789
The Multifamily Group
Listed by The Multifamily Group
Unpriced
47 days on market
Updated 10 days ago

El Presidente

Details
APN 17772
Property Type Multifamily
Sub Type Apartment Building
Square Footage 32,200
Units 40
Occupancy 85%
Year Built 1977
Buildings 5
Stories 2
Acreage 1.680

40 Units Built in 1977 in Sweetwater, TX

Marketing description

The Multifamily Group is pleased to present the exclusive offering of El Presidente, a unique, val-

ue-add opportunity in Sweetwater, Texas. Constructed in 1977, the property consists of 40 units aver-

aging 805 square feet. The property features one- and two-bedroom floor plans, with 36 of the units

being two-bedrooms. It is currently 78% occupied, compared to a strong submarket occupancy rate of

99%. The El Presidente apartments are being offered free and clear of existing debt.

Location:

El Presidente offers convenient access to I-20, the primary east-west corridor connecting West Texas

to the Dallas-Fort Worth metroplex. The property benefits from strong visibility and accessibility, with

steady traffic flow from both local residents and regional commuters. It is situated near several nation-

al and regional retailers, including Walmart, Dollar General, and Tractor Supply, as well as a variety of

quick-service dining options. Additionally, the property is just minutes from downtown Sweetwater,

where tenants can access local shops, restaurants, and community amenities. The area’s proximity

to major employers in energy, manufacturing, and agriculture supports consistent housing demand.

Sweetwater’s role as a regional hub, combined with ongoing economic activity tied to wind energy

and industrial development, continues to drive long-term growth and stability in the market.

Investment highlights

• Same Ownership for 10+ Years

• Attractive Basis with Operational Upside Through Lease-Up and Stabilization

• 36 out of 40 Units are 2-Bedrooms (90% Two-Bedroom Mix)

• Below Stabilized Occupancy with Immediate Value-Add Opportunity

• Within Commuting Distance of Abilene (180,000+ MSA Population)

• Double-Digit Cash-on-Cash Potential Over a Five-Year Hold

• Offered Free and Clear of Existing Debt

Listing Contacts

AF
TX 669899
The Multifamily Group
JK
TX 635789
The Multifamily Group
Listed by The Multifamily Group

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Additional Information

Name
Angel Flores
License
669899
Brokerage Phone
8179461458
Brokerage Address
4228 North Central Expressway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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