916 N Mirror Street, Amarillo, TX
Multi-family for Sale - $1,300,000 - 8.66 acres
Property Info
CIMLS# | 987509 |
Location 916 N Mirror Street Amarillo TX 79107 | |
Updated | May 17th, 2022 |
Type | Multi-family |
Price | $1,300,000 |
Land | 8.66 acres |
Property Description
$1.3 Million cash and buyer fix all.
Needs all new 200amp to 100 sites and blacktop $500,000 upgrade, includes nice 1800sf home, office/laundry building, storage building, full city services, Excel direct bill electric. $million plus appreciation for your management.
Next to supermarket, elementary school, convenience stores, shopping, park with lake-ball fields-bbq-dog run-childrens play area. Most all Mobile Home and RV Parks in Amarillo full or nearly so - strong market.
Half block north from Route 66/ E Amarillo Blvd and close to everything. Center of new growth of Retail, Restaurants and Bars and Businesses, very few vacancies around.
Financials
Straight sale or Master lease option for a few years, then sell or refi and payoff seller. Would require additional collateral of course, but dose use a third the cash.