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MacKenzie Cove 711 S Austin Ave 24 Unit Apartment Building For Sale Tulia, TX 79088
Investment Highlights
- Value add by billing back utilities
- Recent cap ex projects completed
- Updated units
Executive Summary
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 machines, updated kitchens and bathrooms, and landscaping. A new roof that was installed in 2026. There is immediate upside available to the next investor by billing back utilities to the tenants. Lower occupancy in 2025 was due to several residents from the wind farm project moving out. Occupancy is stabilized again, and property has performed well in previous years. To view the financials follow this link: https://buildout.com/website/1348980-sale
Property Facts
| Sale Type | Investment | Lot Size | 0.49 AC |
| No. Units | 24 | Building Size | 14,812 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1965/2007 |
| Apartment Style | Low-Rise | Parking Ratio | 0.95/1,000 SF |
| Building Class | C | ||
| Zoning | MULTI FAMILY | ||
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 14,812 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2007 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | MULTI FAMILY |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 450 |
| 2+1 | 11 | - | 700 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 19092 | Improvements Assessment | $637,913 CAD |
| Land Assessment | $5,922 CAD | Total Assessment | $643,835 CAD |
Property Taxes
Parcel Number
19092
Land Assessment
$5,922 CAD
Improvements Assessment
$637,913 CAD
Total Assessment
$643,835 CAD
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MacKenzie Cove | 711 S Austin Ave
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