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Hollywood Apartments 1601 S Buchanan St 12 Unit Apartment Building For Sale Amarillo, TX 79102
Investment Highlights
- Located near Downtown Amarillo, Amarillo College, and major employers.
- Positioned within walking distance of Hodgetown and downtown amenities.
- Stabilized occupancy provides immediate cash flow with operational upside.
Executive Summary
Rowan Multifamily Advisors is pleased to announce the exclusive listing of Hollywood Apartments in Amarillo, Texas. Hollywood Apartments is a 12-unit multifamily community located just south of Downtown Amarillo, offering investors a stabilized asset with significant renovation work already completed. The property benefits from proximity to downtown employers, entertainment venues, Amarillo College, and major transportation infrastructure, supporting consistent workforce housing demand. Hollywood Apartments provides investors the opportunity to acquire a cash-flowing asset with continued operational upside.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 12 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 7,500 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1926 |
| Zoning | LC | ||
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,500 SF |
| No. Stories | 2 |
| Year Built | 1926 |
| Zoning | LC |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 400 - 425 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R-065-1000-7036-0 | Improvements Assessment | $486,054 CAD |
| Land Assessment | $1,757 CAD | Total Assessment | $487,811 CAD |
Property Taxes
Parcel Number
R-065-1000-7036-0
Land Assessment
$1,757 CAD
Improvements Assessment
$486,054 CAD
Total Assessment
$487,811 CAD
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Hollywood Apartments | 1601 S Buchanan St
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