Abilene, TX 79605 2600 Ivanhoe Lane
$3,999,999



35 more




































Presented By: John Hill with Barnett & Hill; 325-677-3500
Home Details
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.
Presented By: John Hill with Barnett & Hill; 325-677-3500
Interior Features for 2600 Ivanhoe Lane
Bathrooms
Total Baths
Other Interior Features
Unit Count7
Lock Box TypeNone
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank
Interior FeaturesOther, Pantry
Occupancy Rate97
Total Units44
General for 2600 Ivanhoe Lane
# of Buildings7
Accessory Unit TypePool House
Accessory Unit Y/NYes
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator
Capitalization Rate0.00
CityAbilene
Complex NameBrookhollow Garden Apts
Construction MaterialsBrick, Siding
CoolingCentral Air, Electric
CountyTaylor
DirectionsIvanhoe and S 27th
Elementary SchoolAustin
Elementary School NameAustin
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Natural Gas
High SchoolAbilene
Insurance Expense0
LevelsTwo
Pool Y/NYes
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictAbilene ISD
Standard StatusActive
StatusActive
Subdivision NameBrookhollow
TenancyNo Smoking, Over 9 Months
Unexempt Taxes50637
UtilitiesAsphalt, Electricity Connected, Individual Gas Meter, MUD Sewer, MUD Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1964
Year Built DetailsPreowned
Exterior for 2600 Ivanhoe Lane
Building Area Total66718.00
Foundation Slab
Lot Size Acres3.7600
Lot Size Area3.7600
Lot Size Square Feet163785.6000
Lot Size UnitsAcres
Number Of Parking Spaces60
Parking FeaturesCommon, Covered, Parking Lot, Storage
Patio And Porch FeaturesEnclosed
Pool FeaturesFenced, In Ground, Outdoor Pool
Additional Details
Price History
Schools
Elementary School
Austin Elementary School
Middle School
N/A

Rodney Edwards
Associate Broker