4535 22nd Pl - Multi-Family FOR SALE


Lubbock, TX 79407- Northwest Lubbock
$5,550,000 USD
806-777-1310
4535 22nd Pl, Lubbock, TX for Sale
$5,550,000 USD
Multi-Family - FOR SALE
1/31
null | Request Cap Rate

4535 22nd Pl
Lubbock, TX 79407
Northwest Lubbock


OVERVIEW

An exceptional opportunity to acquire a package of fully leased, 14 luxury single-family homes located on one contiguous block in Lubbock, Texas—a rare offering in a location that cannot be replicated. Positioned just minutes from Lubbock’s Medical District, both major hospitals, and Texas Tech University, this portfolio benefits from constant tenant demand driven by healthcare professionals, university affiliates, and executive renters. Immediate access to the Marsha Sharp Freeway provides strong visibility, seamless connectivity, and ease of commute throughout the city—further supporting long-term occupancy and rental performance. The homes are also walkable to United’s Market Street, adding everyday convenience and lifestyle appeal. Developed, built, and meticulously maintained by the original builder, Flatland Homes by Trey Strong, each residence reflects a commitment to modern design, quality construction, and low-maintenance living. The portfolio includes a mix of 2- and 3-bedroom floorplans, thoughtfully designed to meet the needs of today’s renters seeking upscale finishes and efficient layouts. This is a turnkey luxury rental investment in one of Lubbock’s most supply- constrained areas for single-family housing—offering scale, consistency, and a location that continues to drive strong demand.

FOR SALE DETAILS

PRICE

$5,550,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

14

PRICE/UNIT

$396,429

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4509-4535 22nd Pl

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

SF-2

APN/PARCEL ID

R325857

ASK ABOUT THIS PROPERTY

Dan WilliamsWilliams and Company Real EstateMore Info
806-777-1310

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Dan WilliamsWilliams and Company Real EstateMore Info
806-777-1310

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