Westminster Apartments

For Sale

2415 Coulter St, Amarillo, TX 79106

This Amarillo property for sale is located at 2415 Coulter St. Contact the listing broker for details on the current sale price for Westminster Apartments.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 39,792 SF
  • Units 97
  • Year Built 1974
  • Date Updated Feb 7, 2025
Westminster Apartments are located on Coulter street and I-40, a prime location in Western Amarillo. They are located less than half a mile from Westgate Mall, the premier mall in the city that has been recently renovated, and slightly less than a mile from BSA Hospital. They are also only half a mile from Belmar Elementary School. The median household income in a two mile radius is around $59,000 per year. The median home value within a two mile radius is $191,000, which is considerably higher than the median home values at further out radius', reflecting the desirably of this location. Currently, the Amarillo market as a whole has median rents at 21% of median income, offering a significant amount of room for rents to increase to a higher percentage of median income within the parameters of the LURA currently running with the property.The Westminster Apartments are a 97 unit apartment complex in Amarillo, Texas. The apartments are comprised of one bedroom, two bedroom, and three bedroom floorpans. Westminster had a dedicated clubhouse and office space to accommodate onsite management. Amenities include two dedicated laundry rooms, swimming pool, and a coffee bar for tenants.This stabilized property has been operated with excellent efficiency maintaining above average occupancy, and collections!
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Highlights

  • Going in Cap Rate exceeds 7% on actuals
  • Chiller system is less than 3 years old
  • Major electrical upgrades completed in prior 12 months

Getting around

  • 64/100

    Walk Score ®

  • 25/100

    Transit Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Amarillo, TX
  • Neighborhood Soncy
  • Zip Code 79106
  • Market Amarillo

Points of Interest

  • Phillips 66

    0.07 miles

  • Shell

    0.41 miles

  • Tesla Destination Charger - Best Western Plus Medical Center

    0.58 miles

  • Taylor

    0.61 miles

  • Valero

    0.63 miles

  • Tesla Supercharger

    0.69 miles

  • CEFCO

    1.13 miles

  • Sam's Club

    1.19 miles

  • United Express

    1.44 miles

  • Harrington Employee Parking

    0.59 miles

  • Employee Parking Lower Level B

    0.74 miles

  • Patient & Visitor Parking A

    0.75 miles

  • Employee Parking Lower Level D&E

    0.83 miles

  • Patient & Visitor Parking C

    0.84 miles

  • Employee Parking

    0.88 miles

  • 910 S Van Buren St

    4.64 miles

  • 904 S Van Buren St

    4.64 miles

  • 900 S Van Buren St

    4.65 miles

  • WTAMU Parking

    4.72 miles

  • Sleep Inn & Suites West Medical Center

    0.21 miles

  • Hampton Inn & Suites Amarillo West

    0.24 miles

  • TownePlace Suites Amarillo West/Medical Center

    0.27 miles

  • La Quinta Inn Amarillo West Medical Center

    0.29 miles

  • Fifth Season Inn

    0.30 miles

  • Days Inn Amarillo Medical Center

    0.32 miles

  • Executive Inn

    0.36 miles

  • Interstate Motel

    0.42 miles

  • Red Roof Inn Amarillo West

    0.52 miles

  • Best Western Plus Medical Center

    0.55 miles

  • Dillard's

    0.29 miles

  • Westgate Mall

    0.45 miles

  • American Freight

    0.49 miles

  • JCPenney

    0.49 miles

  • Wolflin Plaza

    0.50 miles

  • TJ Maxx

    0.54 miles

  • Bealls

    0.55 miles

  • Target

    0.79 miles

  • Kohl's

    1.13 miles

  • Ross

    1.18 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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