10/13/2026
Just listed: Veranda Gardens, 112 units in Amarillo, TX.
$5,998,000 | $53,600/unit | 7.59% cap (all-cash)
Ownership put over $1.9MM into the property in 2023–2024. The next owner's upside comes from operations: lease up the vacant units, bring rents to market on turnover, and expand RUBS.
Register for the full offering memorandum: https://platform.reverecre.com/project/fcb78ea2-a83a-4e33-af79-b76eccd3b176
Presented by @ Lee & Associates Investment Services Group & Associates Pasadena and @ Gaut Whittenburg Emerson.