5702 Melrose Ave, San Angelo, TX 76901

248 Unit Apartment Building | For Sale | San Angelo, TX 76901

Asking Price Unpriced

Property Type
Multifamily
Square Feet
230,000 SF

Listing Contacts

Greg Brownd

Property Overview

Property Description
To access the financials visit this link: https://buildout.com/website/1389017-sale
Creek 27 is a very unique individual cottage style complex. It has 248 units of one, two, and three bedroom floorplans. These are new construction, leased up and stabilized. This is a one of a kind property and the residents enjoy having their own cottage and not sharing walls with other residents. The units have top of the line finishes, include a stackable washer/dryer unit and have individual fenced patios and/or backyard. There is green space between the buildings, a playground, fitness center, and a pool.

Location Description
Creek 27 is located in San Angelo, TX on the west side of town, right outside of Hwy 67. San Angelo is about a 3.5 hr drive from Fort Worth and Austin. It's also about 2.5 hrs southeast of Midland. Major employers include Goodfellow Air Force Base, Angelo State University, and Shannon Health System. Creek 27 is located near the new HEB, Wal-Mart, Lowe's, Chick Fil-A, Academy, and several other newer developments on the west side of town.

Highlights
New construction
Individual cottage units with backyards
High tenant demand due to unique property
Leased up and stabilized

Property Details

Class
B
Year Built
2023
Stories
1
Lot Size (sq. ft)
788,436 SF
Units
248

Highlights

  • New construction
  • Individual cottage units with backyards
  • High tenant demand due to unique property
  • Leased up and stabilized

FAQ

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