806-777-4459
3333 Toledo Ave, Lubbock, TX for Sale
Apartments - FOR SALE
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3333 Toledo Ave
Lubbock, TX 79410
Coronado Area


HIGHLIGHTS

  • 7.6% Cap Rate on T12 Actuals
  • Projected 24% IRR by Year 2
  • 8% Projected Cash on Cash Return Year 1

OVERVIEW

The Coronado Crossing Apartments apartments are located at 3333 Toledo Ave in Lubbock, TX. The apartments are comprised of six floor plans ranging from one bedroom units to four bedroom units. The property underwent a full renovation in 2017, reducing immediate capital expenditure needs. There is a dedicated laundry facility onsite offering tenants a highly desirable amenity as well as additional revenue potential.

FOR SALE DETAILS

PRICE

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# OF UNITS

61

CAP RATE

Request Cap Rate

% LEASED

79%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coronado Crossing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2017

PARKING SPACES

160

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

B-2

APN/PARCEL ID

R46287

ASK ABOUT THIS PROPERTY

Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

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Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

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