2600 Ivanhoe Lane new

Abilene,TX 79605

$ 4000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Brookhollow

MLS Listing ID 20835911

HOA Y/N None

Total Fin. Sqft 66718

Year Built 1964

Annual Tax Amount $50,637

Lot Size 3.760 Acres

Acres 3.76

Property Description

Brookhollow Garden Apartments is an exceptional investment opportunity in Abilene, TX – home to President Trump's first, multibillion dollar Startgate AI Initiative along with Dyess AFB and six colleges. This 44-unit complex shaded by mature live oak trees 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 driven 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.

Location

State TX

County Taylor

Direction Ivanhoe and S 27th

Interior

Interior Features Other,Pantry

Heating Central,Natural Gas

Cooling Central Air,Electric

Flooring Carpet,Ceramic Tile,Luxury Vinyl Plank

Appliance Dishwasher,Disposal,Electric Range,Gas Water Heater,Refrigerator

Heat Source Central,Natural Gas

Exterior

Pool Fenced,In Ground,Outdoor Pool

Utilities Available Asphalt,Electricity Connected,Individual Gas Meter,MUD Sewer,MUD Water

Roof Type Composition

Garage No

Private Pool 1

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Siding

Schools

Elementary Schools Austin

Middle Schools Mann

High Schools Abilene

School District Abilene Isd

Others

Ownership HPA Brookhollow LLC

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