- For Sale $1,900,000
- Property Type Multi-Family
- Property Size 13,300 SF
- Units 16
- Date Updated Sep 24, 2026
Description
This 16-unit residential rental portfolio is located throughout established neighborhoods in Amarillo, Texas. The portfolio offers 100% occupied with in-place cash flow and a diverse unit mix ranging from 1-bedroom to 4-bedroom homes. The property features stable rental history with long-term tenants and opportunity for future rent growth through renewals and market adjustments. This turnkey portfolio is ideal for investors seeking immediate income.
Investment highlights
16-unit residential rental portfolio
Cap Rate 8.74%
Located throughout established neighborhoods in Amarillo, Texas
100% occupied with in-place cash flow
Diverse unit mix ranging from 1-bedroom to 4-bedroom homes
Stable rental history with long-term tenants
Opportunity for future rent growth through renewals and market adjustments
Turnkey portfolio for investors seeking immediate income
8.74% Cap Rate
$118,750 Per Door
Immediate Cash Flow
False
Contacts
FIMC Commercial Realty
Location
Located at 3705 South Tyler Street, Amarillo, TX 79110, this property is part of the Amarillo SouthWest neighborhood and Amarillo market.
FIMC Commercial Realty