Buffalo Springs

Buffalo Springs

View Offering Memorandum and Financials

Offering Summary:

  • Location: Amarillo, TX
  • Year Built: 1974/1983
  • Units: 411

Investment Highlights:

  • Built in 1974 and 1983, Buffalo Springs is a well-occupied property consisting of a total of 411 units in Amarillo, Texas.
  • Current rents at Buffalo Springs are nearly $200 below the average of nearby comparables, creating immediate upside for a new buyer.
  • The new investor has the opportunity to implement a value-add program throughout the property to provide an increase in rental rates and attract a steady stream of future tenants.
  • The assets feature community amenities such as three swimming pools, lighted basketball courts, and sand volleyball court.

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