Park View

For Sale

2620 10th Avenue, Canyon, TX 79015

This Canyon property for sale is located at 2620 10th Avenue. The current listed sale price for Park View is $1,150,000.

Contacts

broker

Angel Flores

GREA

broker

Ryan Quaid

GREA

Property Details

  • Property Type Other
  • Units 20
  • Additional Rent Contact for pricing
  • Year Built 1968
  • Date Updated Nov 4, 2024

Park View Apartments is a 20-unit, partially renovated multifamily community located in Canyon in Randall County, Texas, a suburb of Amarillo. Built in 1968 and situated on .42 acres, the property is improved with a single two-story apartment building with brick siding and pitched roofs.

Park View Apartments offers open and spacious one-, two-, and three-bedroom units featuring full kitchens equipped with white appliances, formica countertops, faux hardwood and carpet flooring, spacious bedrooms, and new paint. Ample open surface parking is provided.

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Highlights

  • Prime location just blocks away from WTAMU campus. WTAMU has an enrollment of over 10,000 and has recently added a state of the art football stadium with capacity for 12,000 and a 150,000 sqft Agricultural Sciences Center.
  • There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., Ponderosa and Pepper Tree & Four Seasons are within blocks from the property.
  • Amarillo is the second fastest growing mid-sized city in the nation.
  • Competing properties have waitlists and similar units rent at higher amounts. New ownership can take a hands-on approach to increase income.
  • Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%.
  • There are numerous major economic projects slated to add over 4,500 jobs to the local economy in the next few years, including Producer Owned Beef building a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 workers.

Getting around

  • 58/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Canyon, TX
  • Neighborhood Canyon
  • Zip Code 79015
  • Market Amarillo

Points of Interest

  • Toot'n Totum

    0.25 miles

  • United Express

    0.29 miles

  • Phillips 66

    0.33 miles

  • Allsups Convenient Store

    0.53 miles

  • Valero

    0.80 miles

  • Pac-a-Sac Convenient Store

    1.04 miles

  • Murphy USA

    1.22 miles

  • The CAP! Canyon Aqua Park Employee Parking Lot

    0.91 miles

  • The CAP! Canyon Aqua Park Parking Lot

    0.91 miles

  • paddock

    8.31 miles

  • Buffalo Inn

    0.27 miles

  • Best Western Palo Duro Canyon Inn & Suites

    0.32 miles

  • Holiday Inn Express & Suites Canyon

    0.43 miles

  • Hudspeth House Bed & Breakfast

    0.46 miles

  • Hampton Inn & Suites Canyon

    0.50 miles

  • Holiday Inn Express & Suites

    9.28 miles

  • Motel 6

    9.45 miles

  • Comfort Suites

    9.52 miles

  • United Supermarkets

    0.37 miles

  • Walmart Supercenter

    1.19 miles

  • Palo Duro RV Park General Store

    2.09 miles

  • Trading Post

    5.77 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.

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