1100 S Wicker Avenue, Littlefield, TX 79339 (MLS# 26-3673)

1100 S Wicker Avenue, Littlefield, TX 79339

$2,400,000

Property Type: MultiFamily Status: Active

Current Price: $2,400,000 Last Modified: 5/05/2026

Overview

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.

Listing Details MLS# 26-3673

Property Information

To Be Auctioned: No
Zone: 6000 - All areas in the 6000's
Area: 6000 - S & W of Randall
Realtor.COM Type: Multi-Family
Year Built: 1970
Source of Sq Ft: Appraisal District
Photos are Virtually Staged: No
List Price Per Sq. Ft.: 0

Taxes and Legal Information

House #: 1100
Street Direction Pfx: S
Street Name: Wicker
Street Sfx: Avenue
State/Province: TX
Postal Code: 79339
County: Lamb
Legal: SOUTHMOOR ADDITION, W/145' BLOCK A & B & W/50' OF E/198.8 BLOCK B, SOUTHMOOR ADDITION, W/145' BLOCK C, SOUTHMOOR ADDIT
City: Littlefield

Listing Info

L/A Supervisor Name: Bill Chudej
Supervisor's Phone #: 806-358-7151
L/A Supervisor License Number: 331043
Exchange For: CAsh
Directions: South on Wicker property is on the left.

Documents

OM ›

Rent Roll ›

Listing Office: FIMC Commercial Realty

Listing Agent: Kirk Chudej

Last Updated: May - 05 - 2026

Information deemed reliable but not guaranteed.