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Multifamily

West Texas 3-Pack Portfolio

928 Waco Street colo, Colorado City, TX 79512

Listing Price: $4,175,000

Cap Rate
7.67%
Number of Units
74
GRM
6.73
Occupancy
98.6%
Price/Unit
$56,419
Price/Gross SF
$82.50
Gross SF
50,608

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of the West Texas 3-Pack Portfolio, a 74-unit multifamily offering consisting of three apartment communities located in Colorado City and Sweetwater, Texas. Investors have the flexibility to acquire the properties individually or as a portfolio, providing multiple acquisition strategies to fit a variety of investment objectives. Across the portfolio, new ownership can create significant value through continued interior renovations, washer and dryer leasing, reserved parking, backyard rental premiums, water conservation initiatives, storage rentals, and conversion of existing space into a resident laundromat. The assets also benefit from attractive financing options, strong historical occupancy, and locations supported by diverse employment drivers including advanced manufacturing, healthcare, renewable energy, oil and gas, and emerging AI infrastructure investment. Together, these opportunities position the portfolio for meaningful NOI growth while offering investors flexibility, operational upside, and long-term stability.

Investment Highlights

  • Purchase all three assets together or individually while capitalizing on multiple value-add opportunities across the portfolio.
  • Generate additional NOI through interior renovations, washer & dryer leasing, reserved parking, storage rentals, laundromat conversion, backyard premiums, and water conservation initiatives.
  • Located in Sweetwater and Colorado City near major manufacturing, healthcare, renewable energy, oil & gas, and emerging AI data center investments supporting long-term demand.

Exclusively Listed By

Financing By

Multifamily

West Texas 3-Pack Portfolio

Listing Price: $4,175,000

Cap Rate
7.67%
Number of Units
74
GRM
6.73
Occupancy
98.6%
Price/Unit
$56,419
Price/Gross SF
$82.50
Gross SF
50,608

Investment Highlights

  • Purchase all three assets together or individually while capitalizing on multiple value-add opportunities across the portfolio.
  • Generate additional NOI through interior renovations, washer & dryer leasing, reserved parking, storage rentals, laundromat conversion, backyard premiums, and water conservation initiatives.
  • Located in Sweetwater and Colorado City near major manufacturing, healthcare, renewable energy, oil & gas, and emerging AI data center investments supporting long-term demand.

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of the West Texas 3-Pack Portfolio, a 74-unit multifamily offering consisting of three apartment communities located in Colorado City and Sweetwater, Texas. Investors have the flexibility to acquire the properties individually or as a portfolio, providing multiple acquisition strategies to fit a variety of investment objectives. Across the portfolio, new ownership can create significant value through continued interior renovations, washer and dryer leasing, reserved parking, backyard rental premiums, water conservation initiatives, storage rentals, and conversion of existing space into a resident laundromat. The assets also benefit from attractive financing options, strong historical occupancy, and locations supported by diverse employment drivers including advanced manufacturing, healthcare, renewable energy, oil and gas, and emerging AI infrastructure investment. Together, these opportunities position the portfolio for meaningful NOI growth while offering investors flexibility, operational upside, and long-term stability.

Exclusively Listed By

Financing By

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