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1303 65th Dr 29 Unit Apartment Building $2,226,492 CAD ($76,776 CAD/Unit) 9% Cap Rate Lubbock, TX 79412

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EXECUTIVE SUMMARY

Private Lender Selling REO multi-family 29 unit. Opportunity for low down payment, seller finance.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,226,492 CAD
Price Per Unit $76,776 CAD
Sale Type Investment
Cap Rate 9%
Sale Condition REO Sale
No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 1.46 AC
Building Size 29,574 SF
Average Occupancy 85%
No. Stories 2
Year Built/Renovated 1965/2024
Parking Ratio 1.69/1,000 SF
Zoning C4

AMENITIES

SITE AMENITIES

  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 9 $1,012 CAD -
1+1 20 $830.57 CAD -
  • Listing ID: 38626245

  • Date on Market: 2025-12-02

  • Last Updated:

  • Address: 1303 65th Dr, Lubbock, TX 79412

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