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Courtyard Park Apartments | Abilene, TX

Home » All Multifamily Properties » Courtyard Park Apartments | Abilene, TX

Address: 3309 Sherry Ln, Abilene, TX 79603, USA

Texas + Apartment Buildings

Created date: January 27, 2025

Date last updated: January 27, 2025

RI Marketplace Online Auction March 10-12, 2025

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Investment Highlights

Value-Add: Opportunity to increase NOI by experienced operator through renovations and operational enhancements.
Stabilized Asset with strong in-place cash-flows
Well-located in northwest Abilene, just minutes from Interstate 20 and U.S. 83. 15 minutes from Dyess Air Force Base, which spans 6,972 acres and supports 14,283 personnel, including over 8,000 employees.
Potential to implement a RUBS program, allowing the new owner to capture additional income.
Abilene offers a cost of living that is 8% below the national average, making it an affordable and attractive market.

Property Description

Newmark, in conjunction with RI Marketplace, is pleased to offer Courtyard Park, which consists of 105 multifamily units. The property is located at 3309 Sherry Lane, Abilene, TX 79603. Courtyard Park will be sold in the March 12th, 2025 Auction Event through RealInsight Marketplace. Tours are available upon request. Please contact Matt Wideman, [email protected], & Bart Wickard, [email protected], to schedule a tour.

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Key Property Information

Listing Status:	Available
Listing Type:	Auction
Property Types:	Apartment Buildings
Price:	$1,100,000
No. of Units:	105
Average Occupancy:	97
Lot Size:	5.03 Acres
No. of Stories:	2
Opportunity Zone:	No
Price per unit:	$10,476
Property Website	Click Here