- For Sale Contact for pricing
- Property Type Other
- Units 40
- Additional Rent Contact for pricing
- Year Built 1978
- Date Updated Nov 4, 2024
El Presidente Apartments is a partially renovated 40-unit apartment community located in the city of Sweetwater in Nolan County, TX, about 40 miles west of Abilene. The garden-style property was built in 1978, is situated on 1.68 acres, and is comprised of 4, two-story buildings with stucco siding and pitched roofs. 36 two-bedroom / one-bathroom units are offered, and the remaining units are one-bedroom floor plans. Laundry facilities are on-site. Interior amenities include updated vinyl plank flooring, kitchens equipped with a refrigerator and range with oven, and walk-in closets. The grounds are professionally maintained and feature an open courtyard with picnic areas and a variety of mature shade trees.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Built in '78, owner-maintained with updated HVAC/appliances. Great investment opportunity at a favorable price point.
- Sweetwater, TX location thrives on wind energy, manufacturing, oil, Texas State Technical College support.
- 82% occupancy; potential growth via professional management, better marketing. Market rents could rise 10-15%.
- Out-of-town owner self-managed, lacks resources for optimal performance. New owner can maximize value and stability.
- High demand for affordable housing; property competitively priced in comparison to local alternatives.
False
Contacts
Location
Getting Around
-
Walk Score ®
33/100
Car-Dependent
-
Bike Score ®
31/100
Somewhat Bikeable
- City Sweetwater, TX
- Zip Code 79556
Points of Interest
-
Valero
0.15 miles
-
CEFCO
0.17 miles
-
Shell
0.49 miles
-
Alon
0.64 miles
-
Murphy USA
1.57 miles
-
Chevron
1.67 miles
-
Tesla Supercharger
1.68 miles
-
Phillips 66
1.75 miles
-
Studio 6
1.33 miles
-
La Quinta Inn & Suites
1.57 miles
-
Hampton
1.63 miles
-
Holiday Inn Express Sweetwater
1.65 miles
-
Best Western Plus Sweetwater Inn & Suites
1.69 miles
-
Quality Inn
1.71 miles
-
Econo Lodge
1.72 miles
-
Budget Inn
1.75 miles
-
Ranch House Motel
1.84 miles
-
Sweetwater Inn
1.96 miles
-
Amole's
0.13 miles
-
Allen's Family Style Meals
0.13 miles
-
La Mexicana
0.20 miles
-
Dairyland Old Fashion Hamburgers
0.23 miles
-
Pizza Hut
0.31 miles
-
Sonic
0.35 miles
-
Subway
0.44 miles
-
El Papagayo Burritos
0.52 miles
-
Campus Donuts and Kolaches
0.66 miles
-
Casa Morales
0.76 miles
-
Sweetwater Intermediate School
0.37 miles
-
East Ridge Elementary School
0.54 miles
-
Sweetwater Middle School
0.66 miles
-
Sweetwater High School
0.82 miles
-
Southeast Early Childhood Center
1.05 miles
-
Southeast Elementary School
1.07 miles
-
J P Cowen Early Childhood Center
1.31 miles
-
Texas State Technical College West Texas
4.71 miles
-
Roscoe Collegiate ISD Schools
8.89 miles
-
Kid's Kampus Child Care Center
0.71 miles
Frequently Asked Questions
How much does El Presidente cost?
The sale price for El Presidente is available upon request. Contact the listing broker for more information.
What is the total square footage of El Presidente?
El Presidente totals 32,100 square feet.
When was this property built?
El Presidente was built in 1978.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.