2600 Ivanhoe Lane Active Save Request In-Person Tour Request Virtual Tour
Abilene,TX 79605
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Brookhollow
MLS Listing ID 20835911
Year Built 1964
Annual Tax Amount $50,637
Lot Size 3.760 Acres
Property Sub-Type Apartment
Property Description
Brookhollow Garden Apartments is an exceptional investment opportunity in Abilene, TX – home to President Trump's first, $500-billion Startgate AI data center - a project that is in the first year of a seven-year build that has brought scores of skilled tradesmen to Abilene and putting upward pressure on rental rates across the local market. Shaded by mature live oak trees, this 44-unit complex was built in 1964 and consists of 6 buildings with a distinctive mid-century design and leasable improvements totaling 41,716 SF. All units are oversized and have dedicated covered parking spaces with secure storage. This property offers significant upside potential and could be maintained as a leased multifamily development or converted to condominiums to take advantage of the consistent appeal of the surrounding, stable neighborhood. Abilene's economy is stabilized by its role as a medical hub, status as a regional banking center, and center for higher education with six colleges: Abilene Christian University, Hardin-Simmons University, McMurry University, Texas Tech Health Science Center, Cisco Junior College, & Texas State Technical College
Abilene is also home to Dyess AFB and its 3 missions - the B1, the C130 and the soon-to-arrive B21 mission. The varied streams of outside dollars from institutional sources keep Abilene's economy well-ruddered and stable - add the new data center to the mix and you have a robust rental market.
Location
State TX
County Taylor
Interior
Heating Central,Natural Gas
Cooling Central Air,Electric
Flooring Carpet,Ceramic Tile,Luxury Vinyl Plank
Exterior
Pool Fenced,In Ground,Outdoor Pool
Utilities Available Asphalt,Electricity Connected,Individual Gas Meter,MUD Sewer,MUD Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Austin
Middle Schools Mann
High Schools Abilene
School District Abilene Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20835911