Price Reduction
Address
1101 W 19th St, Odessa, TX
Price
$ 1,499,000
Property Attributes
  • MLS#143054
  • TypeCommercial
  • CountyECTOR
  • CityOdessa
  • AreaEB4
  • NeighborhoodBeaty
  • Zip79763
  • Style
  • Year Built1958
  • Taxes$ 19555
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15080
  • Lot Size0.4373 Acres
Data Source:
Odessa Board of REALTORS®
Property Description

LAST OF THE DEALS! $2M Appraisal! ROCK BOTTOM PRICING! UNDER $100 bucks per foot! WHOA! 20-INCOME-PRODUCING UNIT BUILDING IN ODESSA. BUILT IN 1958, OVER $300K IN UPDATES AND RENOVATIONS. THE COMPLEX CONSISTS OF 17 /1-BEDROOM UNITS, 2 STUDIO UNITS, ONE 2-BEDROOM MANAGER SUITE, AND A COMMUNITY POOL. (NOT OPEN AT THIS TIME) $$ VALUE ADD OPPORTUNITY HERE WITH THE SMALLER, MORE AFFORDABLE COMPLEXES BECOMING RARE. CORNER LOT, PLENTY OF PARKING, NEW PAID LAUNDRY FACILITY ON SITE ALSO.

Price History
8/18/2023 Listed $1,750,000
9/22/2023 3% - $1,699,000
10/25/2023 3% - $1,650,000
1/17/2024 4% - $1,599,000
2/5/2024 7% - $1,499,000

General Features

Utilities Water Connected,Sewer Connected,Electricity Connected
Possession Close Of Escrow
Roof Composition
Appliances Individual AC Units,Individual Heating Units
Construction Materials Brick
Year Built 1958
Tenant Pays Electricity
Stories 2
Property SubType Apartment
Building Name THE RIVIERA APTS
County Ector
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Subdivision Name Beaty
Garage Y/N No
Status Active
Directions south on golden west on 19th. Property will be on the left hand side
City Odessa
Buyer Agent Compensation 2.5
View Y/N No
Senior Community Y/N No
Zoning Description Multi-Family
MLS Area EB4
Lot Size Square Feet 19048.788
Waterfront Y/N No
Carport Y/N No
Street Name 19th St
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 19555
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour tour.usamls.net/1101-W-19th-St-Odessa-TX-79763--143054/unbranded
Days on Market 172
Building Area Units Square Feet
Standard Status Active
Occupancy Description Tenant
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Legal Description BEATY ADDN BLOCK 2 LOTS 1-2 RIVIERA APTS

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N Yes
LivingAreaSource ECAD
Living Area Units Square Feet

Exterior Features

Fencing Other
Lot Features None,Corner Lot
Total Parking 19
Lot Size Area 19048.788
Number of Buildings 2
Spa No
Building Area Total 15080
Lot Size Acres 0.4373
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type City Street
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 79763

Price
AVG $1.18M
$1.5M
Taxes
AVG $6,583
$19,555
Visits
AVG 15
8
Data Provided by Inside Real Estate®
Year Built
AVG 1994
1958

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