Campus Row Apartments
2500 8th Avenue
Canyon, TX 79015
Highlights
- Projected 5 Year Average Cash on Cash Return 6.6%
- Projected 5 Year Levered IRR 15.0%
- Projected Value Add IRR 21.9%
- Projected Value Add $328,129
Description
The Go-Getters Multifamily Team is pleased to announce the exclusive listing of The Campus Row Apartments, a 20-unit, value-add multifamily community located in Canyon, TX. Built-in 1963, this two-story apartment complex consists of twelve 1-bed/1-bath units and eight 2-bed/1-bath units. This deal is being offered on an all cash or new financing basis to investors.
Campus Row resides in Canyon, Texas, just minutes away from Amarillo, which includes metro selections from both a retail and employer outlook. Both the physical condition and location of the property sit approximately (0.4 miles from West Texas A&M University) which currently employs 800 faculty and staff. Other notable employers located within a 5-mile radius are Canyon ISD which employs a professional and support staff of 1,231, and the Family Medical Clinic which employs a staff of 47 physicians, support staff, and other health professionals.
