3102-3114 75th Street Multi-Family FOR SALE


Lubbock, TX - Waters
$929,000 USD
806-777-1310
, Lubbock, TX for Sale
$929,000 USD
Multi-Family - FOR SALE
1/34
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3102-3114 75th Street
Lubbock, TX
Waters


OVERVIEW

7-Unit Townhome Investment | South Lubbock | Fully Occupied Exceptional opportunity to acquire a fully occupied 7-unit townhome complex in desirable South Lubbock. Located within Lubbock ISD, this property benefits from a favorable property tax rate while maintaining strong tenant demand. Each unit offers: 2 Bedrooms 2 Bathrooms 2-Car Garage 1,415 SF per unit The property has been long-term owned and professionally managed by Location Rentals, reflecting consistent oversight and operational stability. All utilities are separately metered, minimizing landlord expense exposure. The only common area expense is front lawn and tree maintenance, creating a streamlined expense structure. Major capital improvements include a roof replacement approximately five years ago. This asset presents clear value-add potential through cosmetic enhancements and rental rate optimization, offering investors the opportunity to increase revenue while maintaining a strong occupancy history. A stable income-producing asset with upside in a consistently performing South Lubbock location.

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.