13
See all 13 photos
$475,000
Est. payment /mo
7,955 SqFt
New
Avenue Q Lubbock, TX 79412
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,955 sqft
Price per Sqft $59
MLS Listing ID 202554437
Year Built 1974
Lot Size 0.417 Acres
Acres 0.42
Property Sub-Type Multi Family
Property Description
Great Investment Opportunity!!! This 12-unit apartment complex presents an incredible value-add opportunity for investors. With all 12 units currently vacant, this property is primed for renovation and repositioning to maximize rental income. Unit 1 is a 2 bed, 1 bath with the 11 remaining units being 1 bed, 1 baths. With some TLC and proper management, this complex has the potential to generate cash flow in a rental market where demand remains steady. Whether you're looking to flip or hold, this is your chance to bring new life to a multifamily asset.
Location
State TX
County Lubbock
Area 2
Rooms
Basement Basement
Building
Story 2
Foundation Slab
New Construction No
Others
Tax ID R134440
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Aycock Realty Group, LLC