Active
2600 Ivanhoe Lane
Abilene TX, 79605
$4,000,000
$59.95 per sqft
Active
66,718 sqft
Condos
Built in 1964
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.
20835911
MLSⓇ ID
February 13, 2025
Updated
Interior Features
Total Stories
2
Interior Features
Other, Pantry
Appliances
Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator
Floor Description
Carpet, Ceramic Tile, Luxury Vinyl, Luxury Vinyl Plank
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
3.76 Acres
Roof
Composition
Patio And Porch
Enclosed
School Information
School District
Abilene ISD
High School
Abilene
Elementary School
Austin
Other Property Details
Taxes
$50,637
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Common, Covered, Parking Lot, Storage
Parking Total
60
View
No
County
Taylor
Pool
Yes
Pool Features
Fenced, In Ground, Outdoor Pool, Pool
Utilities
Electricity Connected, Natural Gas Available, Municipal Utilities, Sewer Available, Separate Meters, Water Available
Listed by John Hill with Barnett & Hill
Listing Contact: 325-677-3500
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Data last updated on 2/13/2025 at 12:13 AM UTC