27-Unit Multifamily in Amarillo, TX
Potter County, TX · listed Sep 29, 2026 (29 days)
- $/unit
- $85,185
- ▼ 8% vs TX · 44th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 27
Financials
- Asking price
- $2,300,000
- Price per unit
- $85,185
- Price per sq ft
- $118
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 27
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 19,548 sq ft
- Avg unit size
- 724 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 29, 2026
- Days on market
- 29 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1709
About this property
The Westhaven Duplexes are located just west of one of Amarillo's main north/south thoroughfares off Interstate 40. The duplexes are less than one mile from the geographic center of the City of Amarillo. The properties are surrounded by other similar style rentals and residential homes.
The majority of the units have been updated with vinyl wood flooring, new fixtures, new or resurfaced countertops, some units include washer and dryer connections. The new owner can continue with the remaining interior upgrades, install remaining washer and dryer hookups to be able to bring all units to market rents. There is room to increase the RUBS income on the property by adding trash, sewer and pest control to all tenants.
The property is easily accessible to Interstate 40 and Interstate 27. Nearby businesses include Home Depot, Happy State Bank, First Bank Southwest, Market Street Grocery, Walgreens, Federal Express, Office Depot and numerous regional and national restaurants.
Multifamily | 27 Units | $85,185/unit
Highlights
- Value Add Opportunity in Strong Texas Market
- Excellent Location in SW Amarillo
- Under Market Rents
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Amarillo, TXStabilized | $490K | $70K$70K | — |
| Amarillo, TX High yieldValue-add | $2.3M | $85K$85K | 8% |
 Amarillo, TXHigh yieldValue-add | $2.7M | $56K$56K | 8.8% |
 Amarillo, TXStabilized | $495K | $41K$41K | — |
 Canyon, TXNew construction | $893K | $179K$179K | 10.4%gy |
 Amarillo, TXNew construction | $1.18M | $197K$197K | — |