Adobe Creek Village is a 36 unit complex located in Borger Texas, south of Hwy 136 on Fairlanes Blvd. The property consists of 12 one-story duplex buildings and 12 two-story townhome units. The property has had high occupancy in the past and provided owner with great returns. Current occupancy is lower than normal and has much room for improvement. When property stabilizes, the asset should generate a high-teens cash on cash return.

Location Description:

Borger

Highlights:

>> Historically has had high occupancy and great returns

>> Closest apartments to Agrium Plant - one of Borger's top employers

>> Proforma mid-teens cash on cash return after stabilization

>> Attractive looking property with park area and possible room for expansion

>> Additional properties available - will sell as a package or individually

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