Edgemere Apartments

For Sale

2500 W 26th St, Plainview, TX 79072

This Plainview property for sale is located at 2500 W 26th St. Contact the listing broker for details on the current sale price for Edgemere Apartments. Edgemere Apartments is situated on a lot that is 2.2 acre in size.

Contacts

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 32,640 SF
  • Units 40
  • Lot Size 2.2 Acre
  • Additional Rent Contact for pricing
  • Year Built 1959
  • Date Updated Oct 31, 2024
Plainview, Texas, presents an exceptional opportunity for investment and growth, thanks to its strategic location and robust, diverse economy. The city is home to several key employers that drive its economic vitality, making it an attractive destination for both businesses and residents. Among the notable employers are Covenant Hospital, Walmart Distribution Center, United Supermarkets, and Wayland Baptist University.The Go-Getters Multifamily Team is proud to present the Edgemere Apartments, a 40-unit complex situated in Plainview, TX. Constructed in 1959, this property predominantly features two-bedroom units, appealing to a varied tenant demographic. This complex offers multiple value-add opportunities, including the potential implementation of RUBS to optimize utility expense management, as well as opportunities for interior renovations to enhance unit appeal. This property represents an exceptional investment opportunity for those seeking to boost NOI.

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Highlights

  • Multiple Value - Add Avenues
  • Strategic Location
  • Low Basis with Going-in Cash Flow

Getting around

  • 20/100

    Walk Score ®

  • 31/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Plainview, TX
  • Zip Code 79072

Points of Interest

  • CEFCO

    0.33 miles

  • Murphy USA

    1.30 miles

  • AllSup's

    1.52 miles

  • Phillips 66

    1.52 miles

  • ALON

    1.54 miles

  • Stripes

    1.56 miles

  • AllStar Fuels

    1.56 miles

  • Reddy Hotel

    0.37 miles

  • Holiday Inn Express & Suites Plainview

    1.54 miles

  • Quality Inn

    1.71 miles

  • Plainview Inn

    1.72 miles

  • Comfort Suites

    1.77 miles

  • Walmart Supercenter

    1.33 miles

  • United Supermarkets

    1.68 miles

  • Casa Rica Tortillas

    2.26 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