Mesquite Village Apartments
Listing was updated at: 06/04/2019
Property Overview
Price/Rent PSF $ 775,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 20,086
Date Available 04/17/2019
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Floors 1
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Description

Location
Post Texas is the county seat of Garza County. It's located 40 miles southwest of Lubbock, 110 miles northeast of Midland, and 125 miles northwest of Abilene, TX.

Sale
Mesquite Village Apartments is a 24 unit complex made up of 12 brick, one-story duplexes. The property currently has high occupancy and there are no concessions now so that indicates that there is room to increase the rents. Electricity and water are separately metered and tenants pay all of their utilities. There is a limited supply of market-rate multifamily units in the area.

Most of the interior units have been updated and have had new flooring installed. New owner could continue to improve the property on the exterior by adding landscaping, and playground equipment. The roofs were replaced in 2016.

Location