Courtesy of: John Hill, Barnett & Hill, john@barnetthill.com
Courtesy of: John Hill, Barnett & Hill, john@barnetthill.com
$899,000
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Lot: 1.39 Acres
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Other
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$899,000
2001 S 1st Need housing for your employee housing? Looking to provide short-term or mid-term housing to data center employees? This 12-unit apartment complex in Clyde, TX is 14 minutes from the Frontier data center being built by Vantage Data Systems in Shackleford County and 18 minutes from the Lancium Stargate data center being built in nearby Abilene. 6 two-bdrm, one-bath units, 6 three-bdrm, one-bath units make a total of 30 bedrooms that could be leased for corporate housing. Prefer to lease long-term? This property is fully occupied with rent of $600 per month for the 2 bedroom, 1 bath units and $650 per month for the 3 bedroom, 1 bath units. Recent 12-month-lease rents in Clyde average $1.04 per sf and these units would certainly command more for mid-term or short-term corporate housing. Ideal investment in a market where the potential for increased rents is real. Owner financing available with 20% down for 5 years at 9.5%.
Courtesy of: John Hill, Barnett & Hill, john@barnetthill.com
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