1100 S Wicker Avenue, Littlefield, TX 79339
Local realty services provided by:ERA Courtyard Real Estate
1100 S Wicker Avenue,Littlefield, TX 79339
$2,400,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kirk chudej
Office: fimc commercial realty
MLS#:26-3673
Source:TX_AAOR
Price summary
- Price:$2,400,000
About this home
Oak Terrace Apartments presents a value-add multifamily investment opportunity located in close proximity to Highway 385 and Highway 84 at 1100 S Wicker Avenue in Littlefield, Texas. The property generated approximately $238,940 in trailing NOI on $340,126 in total income, supporting a 9.96% cap rate.
The property consists of 45 units and is currently operating at approximately 93% occupancy with strong collections and consistent income performance. Current ownership has maintained the asset, but rents remain below market averages, creating an opportunity for investors to increase NOI through strategic rent adjustments.
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Home facts
- Year built:1970
- Listing ID #:26-3673
- Added:2 day(s) ago
- Updated:May 06, 2026 at 12:02 AM
Structure and exterior
- Year built:1970
Finances and disclosures
- Price:$2,400,000
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