2102 34th St - Apartments FOR SALE
Lubbock, TX 79411 |
2102 34th St
Lubbock, TX 79411
HIGHLIGHTS
- STARTING BID $1,750,000 | $351K NOI | AUCTION SEPTEMBER 27-29, 2022
- 93-Unit Multi-Family Property Spread Across Four 2-Story Buildings ±1.8 Miles from Texas Tech University
- (76) 2-Bedroom Townhomes, (16) 2-Bedroom Flats, and (1) 4-Bedroom Unit
- Full Roof Replacement in 2021 | Current Rents are More than 6% Below Market Average of $844
- ±94% Leased with Upside Potential via Washer/Dryer Installations with $113 Premium per Unit
- Dense Demographics with ±199,452 Individuals and Avg Household Income of ±$64,355 (5-Mile Radius)
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
STATUS
Under Renovation
BUILDING DETAILS
PROPERTY NAME
Auction - Siena Townhomes | $351K NOI
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
83350
STORIES
2
YEAR BUILT
1957
PARKING SPACES
180
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
R131121,R75560
