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1510 S 9th St
- Rents are $118 under market on 1br and $156 under on 2br
- Maximize NOI by continuing to recoup utility costs
- Asking price less than $36k/unit
Property Description
Southern Cross is a one-story property has 15-1 bedroom units and 13-2 bedroom units. The property has pitched metal roofs, washer/dryer connections in each unit, covered front porches, and provides residents with affordable housing options within close proximity to Lubbock. Rents are over $100 under market compared to the other market rate complex in town.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 28 |
| Year Built: | 1970 |
| Lot Size: | 2.63 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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Chase Lord
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Essex Property Trust, Inc.
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