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32637392
32637384

4101 REPUBLIC AVE, AMARILLO, TX 79109

BT
TX 690582
KW Commercial
Listed by KW Commercial
$2,700,000
16 days on market
Updated 14 days ago

4101 REPUBLIC AVE AMARILLO TX 79109

Details
APN 213940
Property Type Multifamily
Sub Type Apartment Building
Square Footage 22,080
Units 48
Cap Rate 8.29%
NOI $223,875
Occupancy 91.7%
Class C
Year Built 1977
Buildings 1
Stories 2
Lot Size (SqFt) 59,677
Zoning MF

91.7 % Occupancy | 8.29% CAP

Marketing description

4101 Republic Avenue offers a compelling Class C multifamily value-add opportunity with a stable in-place income stream and clear upside potential. The property features a functional unit mix and efficient layout that supports consistent occupancy

USA Today Reports Amarillo As The Fastest Growing Midsize City In The Country.

Amarillo Is Emerging As One Of The Most Dynamic Growth Markets, Combining Steady Population Expansion With Strong Job Creation And Economic Diversification. With A Population Exceeding 200,000 And Continued Regional Growth, The City Is Attracting New Residents, Businesses, And Investment At An Increasing Pace.

Key Industries Including Aerospace, Manufacturing, Energy, Healthcare, And Logistics Are Driving Job Growth, Highlighted By Major Expansions Such As New Aviation Facilities At Rick Husband Amarillo International Airport, Downtown Office Development From Pantex, And New Industrial Investments Bringing High-Quality Jobs To The Area.

Downtown Amarillo Is Undergoing A Significant Revitalization, With New Residential Units, Hotels, And Mixed-Use Developments Transforming The Urban Core Into A Vibrant Live-Work-Play Environment. This Reinvestment Is Creating Momentum Across Retail, Dining, And Commercial Sectors.

Amarillo’s Central Location, Business-Friendly Environment, Lower Cost Of Living, And Access To Major Transportation Corridors Continue To Attract Employers And Developers Alike. With Ongoing Infrastructure Improvements And Expanding Housing Development, The City Is Well-Positioned For Sustained, Long-Term Growth.

Investment highlights

  • Multifamily asset located at 4101 Republic Avenue in Amarillo, TX
  • Class IV Roof replaced 2023
  • Secure access and controlled entry to on-site laundry
  • Ample paved parking accommodates residents and guests Efficient unit layouts encourage long-term tenancy
  • Dedicated on-site management office supports operational oversight Value-add opportunity through selective interior upgrades
  • Immediate proximity to key arterial routes within Amarillo

Listing Contacts

BT
TX 690582
KW Commercial
Listed by KW Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$223,875.12
$18,656.26/mo

Valuation Metrics

0
DSCR
8.29%
Cap Rate
8.29%
ROI

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