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3102-3114 75th Street 1 Multifamily Properties Offered at $1,271,866 CAD in Lubbock, TX
Executive Summary
7-Unit Townhome Investment | South Lubbock | Fully Occupied
Exceptional opportunity to acquire a fully occupied 7-unit townhome complex in desirable South Lubbock. Located within Lubbock ISD, this property benefits from a favorable property tax rate while maintaining strong tenant demand.
Each unit offers:
2 Bedrooms
2 Bathrooms
2-Car Garage
1,415 SF per unit
The property has been long-term owned and professionally managed by Location Rentals, reflecting consistent oversight and operational stability. All utilities are separately metered, minimizing landlord expense exposure. The only common area expense is front lawn and tree maintenance, creating a streamlined expense structure. Major capital improvements include a roof replacement approximately five years ago. This asset presents clear value-add potential through cosmetic enhancements and rental rate optimization, offering investors the opportunity to increase revenue while maintaining a strong occupancy history.
A stable income-producing asset with upside in a consistently performing South Lubbock location.
Exceptional opportunity to acquire a fully occupied 7-unit townhome complex in desirable South Lubbock. Located within Lubbock ISD, this property benefits from a favorable property tax rate while maintaining strong tenant demand.
Each unit offers:
2 Bedrooms
2 Bathrooms
2-Car Garage
1,415 SF per unit
The property has been long-term owned and professionally managed by Location Rentals, reflecting consistent oversight and operational stability. All utilities are separately metered, minimizing landlord expense exposure. The only common area expense is front lawn and tree maintenance, creating a streamlined expense structure. Major capital improvements include a roof replacement approximately five years ago. This asset presents clear value-add potential through cosmetic enhancements and rental rate optimization, offering investors the opportunity to increase revenue while maintaining a strong occupancy history.
A stable income-producing asset with upside in a consistently performing South Lubbock location.
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3102-3114 75th St, Lubbock, TX 79423 | Multifamily | 9,905 SF | 1984 | - |
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3102-3114 75th Street
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