2105 E 5th St, Plainview, TX 79072

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Building Details:

Clearview Apartments is a 15 unit property in Plainview TX that needs a full renovation. The apartments are located in Plainview TX along Highway 70. Plainview is located about halfway between Lubbock and Amarillo on I27 and has a population of approximately 20,000 people. Some of the large employers are Wal Mart, Wayland Baptist University, and Azteca Milling.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For lease: Negotiable
After purchasing the property for $250,000 and investing approximately $450,000 into the rehab, we estimate that you can get to a stabilized net operating income of close to $50,000 / yr. The rehab budget would include replacing the roof, redoing the plumbing, painting the exterior, and doing makereadies on all 15 units.  « show less After purchasing the property for $250,000 and investing approximately $450,000 into the rehab, we estimate that you can get to a stabilized...  show more » View Details After purchasing the property for $250,000 and investing approximately $450,000 into the rehab, we estimate that you can get to a stabilized net operating income of close to $50,000 / yr. The rehab budget would include replacing the roof, redoing the plumbing, painting the exterior, and doing makereadies on all 15 units. Pricing: Negotiable Availability: Now Listing ID: 3161335 Save to list