1809 14th St - Apartments FOR SALE


Lubbock, TX 79401- South Overton
$1,400,000 USD
512-977-8596
1809 14th St, Lubbock, TX for Sale
$1,400,000 USD
Apartments - FOR SALE
1/22
null | 8.25% Cap Rate

1809 14th St
Lubbock, TX 79401
South Overton


HIGHLIGHTS

  • 25 Units Recently Renovated: New Flooring, Modern Lighting, Fresh Paint, Updated Kitchen Appliances, & Upgraded Bathroom Fixtures
  • Close Proximity to Texas Tech University
  • 82% Occupied | Value Add | Rental Income | Cash-Flowing Asset

OVERVIEW

Located at 1809 14th St, Lubbock, TX this multifamily property is situated in the vibrant South Overton neighborhood, less than a mile from Texas Tech University. Residents will appreciate the proximity to M.C. Overton Park, variety of local dining options, including Sugar Brown's Coffee and Cast Iron Grill, as well as entertainment venues like Flipper's Tavern. Convenient access to downtown Lubbock, Raider's Court Apartments provide an ideal setting for both students and professionals.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$72 USD /SF

# OF UNITS

32

PRICE/UNIT

$43,750

CAP RATE

8.25%

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raider's Court Apartment Lubbock

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,536 SF

ZONING

None

APN/PARCEL ID

R137543

ASK ABOUT THIS PROPERTY

Jack OduroMoriah GroupMore Info
512-977-8596

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Jack OduroMoriah GroupMore Info
512-977-8596

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