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Cedar Ridge Apartments

Listing was updated at: 06/04/2019

Property Overview

Price/Rent PSF $ 4,995,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 83,412
Date Available 04/17/2019
Additional URL Link
Floors 3
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Description

Location
Cedar Ridge Apartments are located in Amarillo, Texas by Interstate 27 and Western Avenue. Amarillo has a population of approximately 205,000 people and has a low unemployment rate of 3.3%. It is located in the Texas Panhandle along Interstate 40 about halfway between Oklahoma City and Albuquerque.

Sale
Cedar Ridge Apartments is a 112 unit apartment community located in Amarillo, TX. It's currently an all bills paid property and the new owner could add value to the property several ways: increasing rents to market, reducing collection losses, and getting tenants to pay utilities by implementing RUBs.

Location

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