About This Home

This 0-bedroom, 0-bathroom residential multi family at 1100 S Wicker Avenue in Littlefield, TX is listed for $2,400,000. Built in 1970, on a N/A lot.

Key Features

  • Built in 1970

Property Details

1970
Listing Description

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.

Monthly Cost Estimate

$12,836/mo

20% down · 6.5% · 30 years

Principal$1,736
Interest$10,400
Insurance$700

Estimates only. Actual payments may vary.

Location

1100 S Wicker Avenue

Littlefield, TX 79339

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1100 S Wicker Avenue is listed at $2,400,000. The estimated monthly payment is $12,836 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970.

This property is listed by Kirk Chudej.

KC

Kirk Chudej

Agent at FIMC Commercial Realty

Listed by FIMC Commercial Realty · Broker phone: (806) 358-7151 · View on Broker Site

MLS# 26-3673· Source: Amarillo Association of REALTORS· 9 days on PropertySimple

Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1100 S Wicker Avenue, Littlefield, TX 79339

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