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1301 S Maddox Ave
Dumas, TX 79029

$7,200,000 USD

Apartments For Sale • 118,000 SF

Property Details

Property Type Apartments
Total Building Size 118,000 SF
Lot Size 8.72 AC
Building Class C
Year Built 1984
Zoning multifamily

0 Transit Score

44 Walk Score

                
                    Highlights
                
                                Jasmine Apartments is a 142-unit garden-style apartment community spanning 28 buildings at full occupancy with prospects and deposits on a waitlist. 
                            
                                Motivated seller has owned this property since 2005 and recently made several upgrades like a brand-new roof in 2023.
                            
                                Seamless transition for owners with a property management and maintenance team in place, and the Yardi 360 platform to allow for remote management. 
                            
                                Conveniently placed near high-volume employers, four minutes to Memorial Hospital, 15 minutes to the Valero refinery, and 17 minutes to JBS.