DeVille & Wolflin

For Sale

1900 Wisdom Drive, Amarillo, TX 79106

This Amarillo property for sale is located at 1900 Wisdom Drive. The current listed sale price for DeVille & Wolflin is $3,450,000.

Contacts

broker

Angel Flores

GREA

(972) 232-2325

broker

Sean Scott

GREA

(972) 996-6233

broker

Ryan Quaid

GREA

(214) 253-4660

Property Details

Deville and Wolflin Apartments is a 61-unit, partially renovated multifamily community located in Amarillo in Potter County, Texas. Built in 1965 and situated on 2.41 acres, the property is improved with 10 two-story apartment buildings with brick siding and pitched roofs.

Deville and Wolflin Apartments offers open and spacious one-, two-, and three-bedroom units featuring full kitchens equipped with white appliances, formica countertops, tile backsplash, faux hardwood flooring, spacious bedrooms, and new paint. Ample open surface parking is provided.

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Highlights

  • The property sits below competitors in rents and occupancy. New ownership will have immediate upside with a more hands-on approach.
  • Prime location just within blocks of the medical district, where over 5,000 people are employed.
  • There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., Deville and Wolfin is within walking distance of West Oaks.
  • Deville and Wolflin sit on five separate parcels, offering a unique opportunity to buy one property and exit as multiple smaller properties.
  • Amarillo is the second fastest growing mid-sized city in the nation.
  • Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%.
  • There are numerous major economic projects slated to add over 4,500 jobs to the local economy in the next few years, including Producer Owned Beef which plans to build a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 people.

Getting around

  • 41/100

    Walk Score ®

  • 21/100

    Transit Score ®

  • 66/100

    Bike Score ®

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Location

  • City Amarillo, TX
  • Neighborhood Soncy
  • Zip Code 79106
  • Market Amarillo

Points of Interest

  • Valero

    0.06 miles

  • Phillips 66

    0.54 miles

  • CEFCO

    0.65 miles

  • Shell

    0.90 miles

  • Tesla Supercharger

    1.03 miles

  • Taylor

    1.10 miles

  • Phillips 66

    1.17 miles

  • Valero

    1.21 miles

  • Murphy USA

    1.57 miles

  • Sam's Club

    1.61 miles

  • Harrington Employee Parking

    0.44 miles

  • Employee Parking Lower Level B

    0.45 miles

  • Patient & Visitor Parking A

    0.47 miles

  • Employee Parking Lower Level D&E

    0.49 miles

  • Patient & Visitor Parking C

    0.52 miles

  • Employee Parking

    0.62 miles

  • City of Amarillo Parking Garage

    4.69 miles

  • paddock

    9.13 miles

  • Residence Inn Amarillo

    0.16 miles

  • Red Roof Inn Amarillo West

    0.16 miles

  • Fairfield Inn & Suites Amarillo West/Medical Center

    0.18 miles

  • Sleep Inn & Suites West Medical Center

    0.39 miles

  • TownePlace Suites Amarillo West/Medical Center

    0.41 miles

  • Executive Inn

    0.43 miles

  • Hampton Inn & Suites Amarillo West

    0.43 miles

  • Days Inn Amarillo Medical Center

    0.44 miles

  • Relax Inn

    0.46 miles

  • La Quinta Inn by Wyndham Amarillo West Medical Center

    0.47 miles

  • Wolflin Plaza

    0.11 miles

  • Cash Saver

    0.55 miles

  • Dillard's

    0.93 miles

  • Westgate Mall

    0.95 miles

  • American Freight

    1.00 miles

  • JCPenney

    1.02 miles

  • Dillard's

    1.04 miles

  • Natural Grocers

    1.04 miles

  • Bealls

    1.06 miles

  • TJ Maxx

    1.09 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 DeVille & Wolflin