- For Sale $1,150,000
- Property Type Other
- Units 20
- Additional Rent Contact for pricing
- Year Built 1968
- Date Updated Dec 18, 2024
Park View Apartments is a 20-unit, partially renovated multifamily community located in Canyon in Randall County, Texas, a suburb of Amarillo. Built in 1968 and situated on .42 acres, the property is improved with a single two-story apartment building with brick siding and pitched roofs.
Park View Apartments offers open and spacious one-, two-, and three-bedroom units featuring full kitchens equipped with white appliances, formica countertops, faux hardwood and carpet flooring, spacious bedrooms, and new paint. Ample open surface parking is provided.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Prime location just blocks away from WTAMU campus. WTAMU has an enrollment of over 10,000 and has recently added a state of the art football stadium with capacity for 12,000 and a 150,000 sqft Agricultural Sciences Center.
- There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., Ponderosa and Pepper Tree & Four Seasons are within blocks from the property.
- Amarillo is the second fastest growing mid-sized city in the nation.
- Competing properties have waitlists and similar units rent at higher amounts. New ownership can take a hands-on approach to increase income.
- Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%.
- There are numerous major economic projects slated to add over 4,500 jobs to the local economy in the next few years, including Producer Owned Beef building a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 workers.
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Contacts
Location
Getting Around
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Walk Score ®
58/100
Somewhat Walkable
-
Bike Score ®
63/100
Bikeable
- City Canyon, TX
- Neighborhood Canyon
- Zip Code 79015
- Market Amarillo
Points of Interest
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Toot'n Totum
0.25 miles
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United Express
0.29 miles
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Phillips 66
0.33 miles
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Allsups Convenient Store
0.53 miles
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Valero
0.80 miles
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Pac-a-Sac Convenient Store
1.04 miles
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Murphy USA
1.22 miles
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The CAP! Canyon Aqua Park Employee Parking Lot
0.91 miles
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The CAP! Canyon Aqua Park Parking Lot
0.91 miles
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paddock
8.31 miles
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Buffalo Inn
0.27 miles
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Best Western Palo Duro Canyon Inn & Suites
0.32 miles
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Holiday Inn Express & Suites Canyon
0.43 miles
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Hudspeth House Bed & Breakfast
0.46 miles
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Hampton Inn & Suites Canyon
0.50 miles
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Holiday Inn Express & Suites
9.28 miles
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Motel 6
9.45 miles
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Comfort Suites
9.52 miles
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Chick-fil-A
0.09 miles
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McDonald's
0.25 miles
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Best Thai Restaurant
0.26 miles
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Flex Nutrition
0.26 miles
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Whataburger
0.26 miles
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Fat Boys BBQ
0.27 miles
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Pizza Hut
0.27 miles
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Subway
0.28 miles
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Taco Villa
0.28 miles
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Buffs
0.28 miles
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West Texas A&M University
0.04 miles
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Reeves Hinger Elementary
0.74 miles
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Midway Alternative High School
0.92 miles
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Canyon High School
1.06 miles
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Canyon Junior High School
1.28 miles
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Canyon Intermediate School
1.32 miles
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Crestview Elementary School
1.39 miles
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Lakeview Elementary School
5.30 miles
Frequently Asked Questions
The space currently listed for sale at Park View asks for $1,150,000.
Park View totals 15,072 square feet.
Park View was built in 1968.
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