Camelot Apartments Wichita Falls, TX

Investment Highlights

• Strategic Wichita Falls Location
• Strong Demographics
• Attractive Amenities Increase Tenant Retention
• Value Add Opportunities Via Cosmetic Upgrades
• Offered Free and Clear of Existing Debt

Strategic Wichita Falls Location

Camelot Apartments is strategically located in vibrant Wichita Falls. The property benefits from its proximity to major employers, notably the Sheppard Air Force Base, which stands out as the region's most significant employer. Additionally, the Sikes Senter shopping mall is conveniently situated just 2 miles away, providing access to various retail options. The presence of Midwestern State University, located just over 1 mile away, adds to the appeal of the area. Residents also enjoy easy access to major retailers such as Sams Club, Walmart, Home Depot, Lowes, Academy Sports + Outdoors, Target, Starbucks, Raising Cane’s, and Chick-fil-A. The strategic location offers residents convenient access to major roadways, employment centers, and recreational facilities, enhancing the overall attractiveness of Camelot Apartments.

Strong Demographics

Wichita Falls boasts a highly favorable cost of living, earning the impressive rank of No. 2 as the "City with The Lowest Cost of Living in America," according to Niche's 2022 assessment. This affordability factor contributes to the overall appeal of the city for residents. Furthermore, Wichita Falls distinguishes itself in the aerospace sector, with nearly 4% of its workforce employed in this industry. This percentage significantly surpasses the national average, reflecting the city's prominence and specialization in the aerospace field. The robust presence of the aerospace sector further adds to the economic vitality and employment opportunities within Wichita Falls.

Attractive Amenities Increase Tenant Retention

Residents of Camelot Apartments enjoy a comprehensive array of amenities, fostering a comfortable and convenient living environment. The property offers a business center, providing a dedicated space for residents’ professional needs. Fitness enthusiasts can make use of the well-equipped fitness center, while laundry facilities ensure convenient access to laundry services. On-site management and maintenance services contribute to a hassle-free living experience. For pet owners, the dog park provides a designated area for pets to play and socialize. Camelot Apartments also features bike racks and covered parking to accommodate residents' transportation needs. The club house, complete with a lounge and kitchen area, serves as a communal space for social gatherings and events. A swimming pool offers a refreshing retreat for residents, complemented by a BBQ/picnic area, providing an outdoor space for leisure and community activities. These amenities collectively enhance the overall quality of life for residents at Camelot Apartments.

Tenant Services