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1100 S Wicker Avenue

Littlefield, TX 79339
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$2,400,000 $10,118/Mo
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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.

Detail Ic Property Details

Property Type : Residential Income

Price : $2,400,000

AD Id : 77988609

MLS Id : 26-3673

Year Built : 1970

County : Lamb

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  • Building Information

    Year Built: 1970 Private Pool: No

  • Listing Price Information

    Listing Price: $2400000

  • Tax Information

    Tax Legal Desc: SOUTHMOOR ADDITION, W/145' BLOCK A & B & W/50' OF E/198.8 BLOCK B, SOUTHMOOR ADDITION, W/145' BLOCK C, SOUTHMOOR ADDIT

  • Location Information

    Direction: South on Wicker property is on the left.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Amarillo Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Amarillo Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/04/2026 @ 14:43

MLS: 26-3673 LISTED BY: Kirk Chudej, FIMC Commercial Realty 806-358-7151 SOURCE: Amarillo Association of REALTORS

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