Contacts
Sean Scott
GREA
(972) 996-6233
Angel Flores
GREA
(972) 232-2325
Ryan Quaid
GREA
(214) 253-4660
Property Details
- Property Type Other
- Units 61
- Year Built 1977
- Date Updated Apr 25, 2024
- Website westoaks.sharplaunch.com
West Oaks is a well maintained 1977 vintage apartment complex boasting 61 spacious units nestled just outside of the vibrant medical district in Amarillo Texas. This classic brick construction property offers a mix of one, two, and three-bedroom residences designed for modern living well equipped with tile and carpet flooring, formica countertops, white appliances, spacious bedrooms, and new paint.
Situated on 1.79 acres of beautifully landscaped grounds, it provides residents with ample outdoor space and includes a pool, on-site laundry facilities, and many open surface parking spots.
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Highlights
- Prime location just within blocks of the medical district, where over 5,000 people are employed.
- 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.
- There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., West Oaks is within walking distance of Deville and Wolflin.
- Amarillo is the second fastest growing mid-sized city in the nation.
- The property sits below direct competitors in rent and occupancy. New ownership can take a hands-on approach to increase income.
- Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%.
Getting around
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Walk Score ®
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Location
- City Amarillo, TX
- Neighborhood Historic Route 66 District
- Zip Code 79106
- Market Amarillo
Points of Interest
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CEFCO
0.10 miles
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Valero
0.54 miles
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Valero
0.63 miles
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Phillips 66
1.01 miles
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Murphy USA
1.05 miles
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Phillips 66
1.11 miles
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Phillips 66
1.19 miles
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Murphy USA
1.32 miles
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Shell
1.41 miles
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Phillips 66
1.44 miles
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Employee Parking Lower Level D&E
0.98 miles
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Employee Parking Lower Level B
1.00 miles
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Patient & Visitor Parking C
1.01 miles
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Patient & Visitor Parking A
1.02 miles
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Harrington Employee Parking
1.08 miles
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Employee Parking
1.13 miles
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City of Amarillo Parking Garage
4.00 miles
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paddock
8.91 miles
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Relax Inn
0.25 miles
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Fairfield Inn & Suites Amarillo West/Medical Center
0.58 miles
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Residence Inn Amarillo
0.63 miles
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Red Roof Inn Amarillo West
0.68 miles
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Economy Inn
0.75 miles
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Astro Motel
0.76 miles
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Bronco Motel
0.79 miles
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TownePlace Suites Amarillo West/Medical Center
0.95 miles
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Hampton Inn & Suites Amarillo West
0.98 miles
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Sleep Inn & Suites West Medical Center
0.98 miles
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Cash Saver
0.31 miles
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Wolflin Plaza
0.79 miles
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The Village on Bell
1.04 miles
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Burlington
1.18 miles
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Walmart Supercenter
1.41 miles
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United Supermarkets
1.51 miles
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American Freight
1.52 miles
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Natural Grocers
1.58 miles
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Dillard's
1.60 miles
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Westgate Mall
1.62 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.