Description
Schneider House is a 54-unit apartment community in Pampa, Texas, Currently 88% occupied and generating in-place income across a stable, long-tenured resident base. An independent appraisal valued the property at $2.6M (As Is) even before ownership's recent capital improvements were completed, establishing a solid value floor ahead of the CapEx Program. Positive cashflow improvements can be made to monthly rent increases and utility bill backs.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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34,257SQFT
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$82$/SQFT
School Ratings & Info
Description
Schneider House is a 54-unit apartment community in Pampa, Texas, Currently 88% occupied and generating in-place income across a stable, long-tenured resident base. An independent appraisal valued the property at $2.6M (As Is) even before ownership's recent capital improvements were completed, establishing a solid value floor ahead of the CapEx Program. Positive cashflow improvements can be made to monthly rent increases and utility bill backs.