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7401 Avenue X 4 Unit Apartment Building $439,715 CAD ($109,929 CAD/Unit) Lubbock, TX 79423
EXECUTIVE SUMMARY
Fully occupied and professionally managed, this quadplex in South Lubbock offers a turnkey investment opportunity with $2,625/month in current rents. Located just off University Avenue and near South Loop 289, the property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. Each unit offers 2 bedrooms, and 1 bathrooms with some updates throughout. With stable occupancy and desirable rental units in a consistently leased area, this is a solid, income-producing asset in a great location.
PROPERTY FACTS
| Price | $439,715 CAD | Lot Size | 0.25 AC |
| Price Per Unit | $109,929 CAD | Building Size | 3,634 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1981 |
| Property Subtype | Apartment | Parking Ratio | 2.75/1,000 SF |
| Building Class | C |
| Price | $439,715 CAD |
| Price Per Unit | $109,929 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,634 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1981 |
| Parking Ratio | 2.75/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
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7401 Avenue X
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