806-316-9233
1107 52nd St, Lubbock, TX for Sale
Apartments - FOR SALE
1/8
null | Request Cap Rate

1107 52nd St
Lubbock, TX 79412
Ballenger


OVERVIEW

Rowan Multifamily Advisors is pleased to announce the exclusive listing of the Kirkwood Apartments in Lubbock, Texas. This 16-unit multifamily property consists of seven one-bedroom/one-bath units, eight twobedroom/ one-bath units, and one efficiency unit. Eight of the units have been fully renovated with modern upgrades designed to maximize rental income. This offering provides a compelling value-add opportunity, with the remaining eight units available for renovation to further enhance rental income and drive additional NOI growth. The Kirkwood Apartments are located at 1107 52nd Street in Lubbock, Texas, situated within a predominantly residential area with convenient access to nearby retail, dining, and essential services. The Lubbock market is supported by several major employment centers, including Texas Tech University and its associated health sciences programs, Covenant Health System, University Medical Center, and the Lubbock Independent School District, among others. These stable employment sectors provide a strong foundation for consistent rental demand

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

16

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

-

APN/PARCEL ID

R69318

ASK ABOUT THIS PROPERTY

Jaxton HoeltingRowan Multifamily AdvisorsMore Info
806-316-9233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jaxton HoeltingRowan Multifamily AdvisorsMore Info
806-316-9233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.