Property Listing No Longer Available for Sale

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
UpdatedMay 17th, 2022
TypeMulti-family
Price$1,300,000
Land8.66 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.