200 Jefferson St, Abilene, TX 79603

40 Unit Apartment Building | For Sale | Abilene, TX 79603

Property Type
Multifamily
Square Feet
28,952 SF

Listing Contacts

Greg Brownd
Grant Roehm

Property Overview

Property Description
Jefferson Square is located in Abilene TX. The 40 unit property consists of one bedroom and two bedroom floor plans. The units are designed as four-plexes giving investors the opportunity to own almost an entire block of properties. The units are separately metered and offer a slew of value added opportunities including: billing the tenants back for their water bills as well as raising rents significantly.
Location Description
Abilene, Texas, offers a promising investment landscape with its robust economy, driven by sectors like healthcare, education, and manufacturing. The city boasts a strategic central location along I-20, strong infrastructure, and a business-friendly environment, fostering growth opportunities. With ongoing development projects and a supportive community, Abilene is an attractive destination for investors seeking stability and potential returns. Jefferson Square is located within minutes of some of Abilene's largest employers making this property prime for investors seeking stable returns.
Highlights
Introduce RUBS and bill back utilities to tenants
Increase rents by over $100 per unit on average

Property Details

Class
C
Year Built
1976
Stories
1
Lot Size (sq. ft)
90,169 SF
Units
40

Highlights

  • Introduce RUBS and bill back utilities to tenants
  • Increase rents by over $100 per unit on average

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