Mackenzie Cove

711 S Austin Ave Tulia, TX 79088

711 S Austin Ave, Tulia, TX, 79088
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Jul 03, 2024

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Highlights

  • Immediate Value Add through utility bill-back
  • Price per unit is 39% less than the average sold
  • price per unit between other major markets on I-27

Description

Mackenzie Cove is a 24 unit apartment complex in Tulia, Texas. The apartment are comprised of both one bedroom and two bedroom floor plans. The property has undergone numerous updates over the past several years including all new windows, laundry machine , landscaping, and a new roof in 2022. There is immediate upside available to the next investor by billing back utilities to the tenants.

Tulia Texas is the county seat of Swisher county. Tulia boasts a variety of local businesses, community events, and recreational opportunities. Its location along Interstate 27 also makes it a convenient stop for travelers exploring the broader region of the Texas Panhandle including Amarillo, Plainview, and Lubbock.


Year Built: 1965
Building Size: 18088sq ft
Building Class: C
Lot Size: 0.4 acres

Map of 711 S Austin Ave, Tulia, TX, 79088

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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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