The Nine Apartments, an apartment complex coming soon to Amarillo, Texas! This development project provides a wonderful opportunity to the Amarillo area with emphasis on the growing professional medical community.
This secluded location boasts wonderful views of the rim of the canyons to the North, a canyon draw to the East, and the Medi-Park lakes and trails to the South. Amarillo and its neighboring towns have an estimated population of 350-450,000 people. As you can see by the photos, the medical district is growing by leaps and bounds with a new cancer center, Texas Tech University Health Sciences Center, BSA and Northwest Texas Hospitals, Amarillo VA Healthcare System and the newly constructed Texas Tech University School of Veterinary Medicine. In addition, there are countless healthcare centers, surgery centers, and physicians’ offices. The businesses listed are medical facilities within 1-2 miles of the future The Nine Apartments.
Will consider investor and lending options, seeking 7MM as down money. As an option, received HUD Analysis for 40 yr loan, locked at 5.99% and assumable. Will require approximately $7MM down. Total project $28MM