08/26/2022
Off Market Apartment Complex for sale here in Amarillo!
The Fircrest (Formerly the Covington Point) is up for sale! Out of 112 doors only 8 are vacant. This complex has all brand new windows, updated courtyards, new parking lots, new tankless water heaters, just about half of the units have updated HVAC systems as well as many more Cap X Expenditures! This property has been well maintained and managed. It would make a great addition to any portfolio! The Seller is Asking for Market Value on this property, so lets make an offer!
The Oakcrest Apartments are the smaller sister complex to the Fircrest. The seller would like to sell BOTH properties together!! The Oakcrest is 9 units, fully occupied, and has been managed by the same company alongside the Fircrest. This property is where you will find your Add-on value to increase your revenue! Asking Price of Oakcrest ALONE is $720,000
**The information below (Pictured) is for the Fircrest Apartments ONLY, please contact me for more information on both properties!**
**The Seller is willing to sell the Oakcrest Apartments on their own, however if you want Fircrest the Oakcrest Apartments must go with it.**
Contact me for more information!
[email protected]
806-206-2833
Brokerage: Pace Realty Group