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Clark Apartments 2123 15th St 6 Unit Apartment Building For Sale Lubbock, TX 79401
Investment Highlights
- Walking distance from Texas Tech - only 3 blocks away
- Large space on 1st floor that could be rec room or common area
- Current owner has renovated some interiors
- Large unit set up for students or AirBnB
Executive Summary
The Clark Apartments is an eight unit, two story property in a fantastic location. The unit mix is seven one bedroom units, and one very large 4 bedroom unit that's being used as an AirBnB or student housing. There is also a large shop on the 1st floor.
The apartments are located in Lubbock, TX - only 3 blocks from Texas Tech University! Lubbock's population is close to 266,000 and Texas Tech's enrollment is close to 41,000 students. Several of the tenants either walk or bike to class. There are multiple places for eating and entertainment in the area.
To view the financials please follow this link: https://buildout.com/website/1677538-sale
The apartments are located in Lubbock, TX - only 3 blocks from Texas Tech University! Lubbock's population is close to 266,000 and Texas Tech's enrollment is close to 41,000 students. Several of the tenants either walk or bike to class. There are multiple places for eating and entertainment in the area.
To view the financials please follow this link: https://buildout.com/website/1677538-sale
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 6 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 7,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,200 SF |
| No. Stories | 2 |
| Year Built | 1950 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Oven
- Pantry
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 650 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R40279 | Improvements Assessment | $600,974 CAD |
| Land Assessment | $30,738 CAD | Total Assessment | $631,712 CAD |
Property Taxes
Parcel Number
R40279
Land Assessment
$30,738 CAD
Improvements Assessment
$600,974 CAD
Total Assessment
$631,712 CAD
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Clark Apartments | 2123 15th St
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