1303 65th Dr - Apartments FOR SALE


Lubbock, TX 79412
$1,650,000 USD
806-239-5313
1303 65th Dr, Lubbock, TX for Sale
$1,650,000 USD
Apartments - FOR SALE
1/13
null | 8.09% Cap Rate

1303 65th Dr
Lubbock, TX 79412


HIGHLIGHTS

  • Seller Financing 30 Year 7.95% with 20% Down
  • Rehabbed and Updated Units 2022-2023
  • $400,000++ In Capital Expenditures improvements

OVERVIEW

Rehabbed and updated 29 Unit with Seller Financing available. These 29 units were rehabbed in 2022-2023 with $400,000++ in Cap Ex.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$56 USD /SF

# OF UNITS

29

PRICE/UNIT

$56,897

CAP RATE

8.09%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Native Park 29 Units Seller Finance

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,755 SF

ZONING

C4

APN/PARCEL ID

R132765

ASK ABOUT THIS PROPERTY

Josh AllenReside Real Estate Co.More Info
806-239-5313

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Josh AllenReside Real Estate Co.More Info
806-239-5313

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