806-470-4988
2301 50th St, Lubbock, TX for Sale
Apartments - FOR SALE
1/20
null | Request Cap Rate

2301 50th St
Lubbock, TX 79412
Bayless Atkins


HIGHLIGHTS

  • Ashwood Court presents a 34,680-SF, 51-unit, garden-style multifamily community in a renter-centric area in Lubbock, Texas.
  • Conveniently situated close to Texas Tech University and numerous amenities, including Clapp Park, Caprock Shopping Center, and more.
  • Potential to grow revenue through upgrades, water conservation, pet rent, and parking charges makes this a true value-add investment opportunity.
  • Desirable unit layouts with premium interior features such as fully equipped kitchens, vinyl wood flooring, and considerable bedroom sizes.

FOR SALE DETAILS

PRICE

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# OF UNITS

51

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ashwood Court | Near Texas Tech University

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

A-2

APN/PARCEL ID

R133179

ASK ABOUT THIS PROPERTY

Chase TuckerColdwell Banker Commercial Capital AdvisorsMore Info
806-470-4988

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Chase TuckerColdwell Banker Commercial Capital AdvisorsMore Info
806-470-4988

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