Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap and RI Marketplace are pleased to present the Shamrock Apartments located at 1100 S Main Street in Shamrock, Texas. Constructioned in 1972, this Property is comprised of four buildings totaling ±14,240 rentable square feet, with an average unit size of ±749 square feet. Shamrock Apartments offers tenants a variety of different floor plans to choose from and contains eight (8) 1 bed/1 bathroom units, six (6) 2 bed/1 bathroom units, four (4) 3 bed/1 bathroom units, and one (1) 4 bed/1 bathroom unit. Currently ±58% occupied, the Property offers significant upside via capital improvements, aggressive lease-up at market rates, and hands-on management. Shamrock is a city in Wheeler County located in the eastern portion of the Texas Panhandle, centered along the crossroads of Interstate 40 (formerly U.S. Route 66) and U.S. Route 83. It is 110 miles east of Amarillo, 188 miles west of Oklahoma City, and 291 miles northwest of Dallas. The Property has a population of ±2,064 residents within a 5-mile radius and an average household income of ±$62,169.