Jefferson Square

200 N Jefferson St Abilene, TX 79603

200 N Jefferson St, Abilene, TX, 79603
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,350,000
Last Verified:
Aug 26, 2024

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Highlights

  • Introduce RUBS and bill back utilities to tenants
  • Increase rents by over $100 per unit on average

Description

Jefferson Square is located in Abilene TX. The 40 unit property consists of one bedroom and two bedroom floor plans. The units are designed as four-plexes giving investors the opportunity to own almost an entire block of properties. The units are separately metered and offer a slew of value added opportunities including: billing the tenants back for their water bills as well as raising rents significantly.

Abilene, Texas, offers a promising investment landscape with its robust economy, driven by sectors like healthcare, education, and manufacturing. The city boasts a strategic central location along I-20, strong infrastructure, and a business-friendly environment, fostering growth opportunities. With ongoing development projects and a supportive community, Abilene is an attractive destination for investors seeking stability and potential returns. Jefferson Square is located within minutes of some of Abilene's largest employers making this property prime for investors seeking stable returns.


Year Built: 1976
Building Size: 28952sq ft
Lot Size: 0.48 acres

Map of 200 N Jefferson St, Abilene, TX, 79603

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.