3402 Itasca St - Apartments FOR SALE


Lubbock, TX 79415- Northwest Lubbock
$4,250,000 USD
713-993-7163
3402 Itasca St, Lubbock, TX for Sale
$4,250,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

3402 Itasca St
Lubbock, TX 79415
Northwest Lubbock


HIGHLIGHTS

  • 25 true detached, 2017 construction, single-family homes
  • Spacious four-bedroom floorplans totaling 1,800 square feet with two-car garages and private enclosed backyards
  • Current projected asking rents average $1,800/unit
  • Beautiful interior finishes with white cabinetry, granite countertops, ample pantry storage, black appliances, and vinyl plank flooring.
  • Opportunity to purchase a booming product type at below replacement cost

OVERVIEW

Avison Young is pleased to present Tech Village North, a 25-unit Single-Family Rental (SFR) portfolio located in Lubbock, Texas.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

25

PRICE/UNIT

$170,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tech Village North

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.43 AC

LAND SF

105,851 SF

ZONING

R-1

APN/PARCEL ID

R329770

ASK ABOUT THIS PROPERTY

Brandon BeanAvison YoungMore Info
713-993-7163

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Brandon BeanAvison YoungMore Info
713-993-7163

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