Potter County
For sale
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Beds/baths
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Potter County, TX Homes for Sale
Property has frontage on Interstate 40 close to Arnot Rd. The land can be split into 4 parcels that are 5 acres each. The driveway curb cuts can be viewed in the documents. The lots are $6 sq ft. Perfect for retail, office, hotel and medical buildings!
Discover the perfect investment opportunity on East Interstate 40 in Amarillo, Texas! Boasting 19.94 acres with prime I-40 frontage, this versatile land is zoned for Heavy Commercial use and presents an exceptional opportunity for a hotel development. The owner offers the flexibility to subdivide, making it a tailor-made investment for your specific needs. Situated just one mile from the highly anticipated Amarillo Buc-ee's location, this property promises high visibility and traffic flow, with impressive traffic counts on both I-40 & Lakeside and SE 3rd & Lakeside. With a sales price of $4.60 PSF, don't miss your chance to secure this lucrative investment near the bustling Rick
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All but one of the units have been updated with cabinets, countertops, flooring, fixtures, paint, toilets and new blinds. There was a new roof installed in 2022, other major capital improvements include, HVAC replacement, windows, appliances and plumbing. Totaling more than $743,000 since 2022 in capital improvements. The new owner can implement RUBS on gas, water, trash and sewer to increase the NOI.
Don't miss this excellent investment opportunity! Ideal for investors seeking to diversify their portfolio, this package includes 19 houses totaling 30 units, generating a monthly income of $27,150. Act now before it's too late! 95% of units are rented with an 8% Cap rate!
Prime Retail location on Coulter. 38,000 daily car count with Wal-mart, Lowes, and many quick serve restaurants within 1 mile. Development is connected to a park and trail ways of the Greenways development all in walking distance of 1200 rooftops. Located on the southwest side of Amarillo in the growth pattern and best 1 - 3 - 5 mile demographics within the city