Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1983
Building Area
Number of units 432

Property Description

Value Add & Other Income Growth Proposition - New ownership is afforded the opportunity to increase effective rental rates by implementing a full interior renovation program, which could include the following: upgraded black or stainless steel appliances, kitchen tile backsplash, new lighting & plumbing fixtures, resurfaced countertops.


HIGHLY ACCESIBLE LOCATION WITH VIBRANT NEARBY RETAIL - Treepoint Meadows is located near the heart of the city with unmatched access to entire city along I-27. In a 3-mile radius surrounding the Property, there are 48,000 employees and over 98,900 people. The Property is twelve minutes away from the medical district and only ten minutes from downtown Amarillo. Less than 3 miles from the Property, Westgate Mall is a 500K+ square foot super-regional mall built in 1982. The mall is one of the main retail hubs in Amarillo and is the only enclosed mall within a 100 mile radius. Major retailers include Dillard’s, JCPenney, and Hibbett Sports. Adjacent to Westgate Mall, Westgate Plaza is a 200K square foot power center anchored by Sam’s Club, Kohl’s, and The Home Depot. Western Crossing is less than two miles north of the Property and includes 150K square feet of retail including Michaels and Burlington Coat Factory. 



Investment Highlights

Apartment Features

  • Spacious Pantry*
  • Washer & Dryer*
  • Cable TV Ready
  • Private Patio and Balcony
  • Dishwasher
  • Ceiling Fans*
  • Microwave
  • Frost Free Refrigerator
  • Mini Blinds

* Included in some units


Community Amenities

  • 3 Sparkling Swimming Pools
  • 24-Hour Fitness Center
  • Club House
  • Business Center
  • Sand Volleyball Court
  • Covered Parking
  • Dog Park
  • Walking Trail


Last Updated Date: 22 Jul 2021
Art Barnes
Art Barnes
Director, Capital Markets
Steven Hahn Jr.
Steven Hahn Jr.
Senior Director, Capital Markets
License details
TX-615904 OK-184952

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Last Updated Date: 22 Jul 2021

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