1410 W 9th Ave

For Sale

1410 W 9th Ave, Amarillo, TX 79101

This Amarillo property for sale is located at 1410 W 9th Ave. The general use of 1410 W 9th Ave is multi-family and it incorporates 48,136 square feet of class C multi-family space. The current listed sale price for 1410 W 9th Ave is $4,800,000/SF.

Contacts

broker
Kirk Chudej

FIMC Commercial Realty

Property Details

  • Property Type Multi-Family
  • Property Size 48,136 SF
  • Units 81
  • Cap Rate % 7.78
  • NOI / YR $373,355.00
  • # of Floors 2
  • Building Class C
  • Year Built 1963
  • Date Updated May 27, 2025

**FOR SALE:** Discover a lucrative investment opportunity with **Nelson Street Apartments & Broadstone Apartments** located at ** 601 Nelson, 1410 & 1501 SW 9th Avenue, Amarillo, Texas**. Priced at $4,800,000, this property boasts fully remodeled units, presenting a prime chance for a new owner to introduce RUBS for increased revenue in a robust Texas market. Featuring a total of 81 units across 12 two-story buildings, this value-add opportunity offers a mix of 1-bedroom, 2-bedroom, and efficiency units with under-market rents. The property includes a pro forma income & expense breakdown, showcasing its potential for growth with an estimated cap rate of 8.45%. Ideal for investors seeking a strong return on investment, this property's strategic location near amenities like parks and schools enhances its appeal. Don't miss out on this chance to capitalize on the promising potential of **Nelson Street Apartments & Broadstone Apartments** in Amarillo!

 

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Getting around

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  • 28/100

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Location

  • City Amarillo, TX
  • Neighborhood Old San Jacinto
  • Zip Code 79101
  • Market Amarillo

Points of Interest

  • Toot'n Totum

    0.99 miles

  • Valero

    1.21 miles

  • Phillips 66

    1.57 miles

  • Murphy Express

    2.01 miles

  • Tesla Destination Charger - Best Western Plus Medical Center

    3.98 miles

  • Tesla Supercharger

    4.25 miles

  • 910 S Van Buren St

    0.71 miles

  • 904 S Van Buren St

    0.72 miles

  • 900 S Van Buren St

    0.72 miles

  • WTAMU Parking

    0.77 miles

  • Amarillo Tower Aux Parking

    0.80 miles

  • 901 S Harrison St

    0.82 miles

  • 913 S Harrison St

    0.83 miles

  • 909 S Harrison St

    0.83 miles

  • 220 SW 10th Ave

    0.83 miles

  • 905 S Harrison St

    0.83 miles

  • Courtyard Amarillo Downtown

    0.94 miles

  • The Barfield, Autograph Collection

    0.96 miles

  • Holiday Inn Express & Suites Amarillo

    1.18 miles

  • Wyndham Garden Amarillo

    1.19 miles

  • Embassy Suites by Hilton Amarillo Downtown

    1.25 miles

  • Star Lodge

    1.27 miles

  • Deluxe Inn

    1.33 miles

  • Travelodge Amarillo West

    1.48 miles

  • Motel 6

    1.54 miles

  • Town House Motel

    1.56 miles

  • Family Discount Store

    0.48 miles

  • Kress

    0.96 miles

  • Amarillo International Food Market

    0.97 miles

  • Market Street United

    1.59 miles

  • La Super Economica

    1.88 miles

  • Burlington

    1.92 miles

  • United Supermarkets

    2.47 miles

  • Walmart Supercenter

    2.54 miles

  • Walmart Neighborhood Market

    2.86 miles

  • The Village on Bell

    3.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Kirk Chudej

FIMC Commercial Realty

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