7401 Avenue X - Apartments FOR SALE


Lubbock, TX 79423
$299,900 USD
806-773-0821
7401 Avenue X, Lubbock, TX for Sale
$299,900 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

7401 Avenue X
Lubbock, TX 79423


OVERVIEW

This professionally managed quadplex in South Lubbock offers a turnkey investment opportunity with $2,625/month in current rents. Located just off University Avenue and near South Loop 289, the property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. Each unit offers 2 bedrooms, and 1 bathrooms with some updates throughout. With stable occupancy and desirable rental units in a consistently leased area, this is a solid, income-producing asset in a great location. This property can also be purchased as a package with 7405 Ave X and 7405 Waco Ave.

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$83 USD /SF

# OF UNITS

4

PRICE/UNIT

$74,975

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,694 SF

ZONING

-

APN/PARCEL ID

R82786

ASK ABOUT THIS PROPERTY

Cameron SealeWilliams and Company Real EstateMore Info
806-773-0821

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Cameron SealeWilliams and Company Real EstateMore Info
806-773-0821

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