Multi-Family

204 5th St NE


204 5th St NE
ChildressTX 79201

204 5th St NE

Multi-Family

204 5th St NE, ChildressTX 79201

Details

Rentable Space
27,834 SF
Land
2.07 Acres
Building Status
Existing
Year Built
1997
Year Renovated
2005
Occupancy Type
Single Tenant
Number of Units
23
Water Utility Available
Yes
Sanitary Sewer Utility Available
Yes
County
Childress

Current Listings

Cottage Village

27,834 SF
WestMark Commercial

This asset is prime for a value add renovation with average current rents well below the market rate for comparable properties. The current owner operates from a distant Fort Worth and as a result overspends on employee costs and is hindered in marketing.

Control the rural market outside Amarillo.

Significant upside with rents.

Ability to easily turn existing assisted living facility into memory care to meet demand.

Additional land to add additional assisted living facility.

WestMark Commercial

This asset is prime for a value add renovation with average current rents well below the market rate for comparable properties. The current owner operates from a distant Fort Worth and as a result overspends on employee costs and is hindered in marketing.

Control the rural market outside Amarillo.

Significant upside with rents.

Ability to easily turn existing assisted living facility into memory care to meet demand.

Additional land to add additional assisted living facility.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: West Texas CIE

More Information

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