2627 Oak Avenue
- Strategically positioned within 3 miles of the largest capital investment in Lubbock's history-Leprino Foods opening 2025.
- No Property Taxes.
Property Description
Estrada S II is a 120 unit affordable housing development in Lubbbock,TX. This property is primed for repositioning being offered at an attractive basis with immediate upside. The apartments are comprised of one bedroom , two bedroom, and three bedroom floor plans. The property currently has a ground lease in place with the City of Lubbock with an initiative to offer affordable housing in the community. There is also a LURA in place with TDHCA.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,150,000 |
| No. of Units: | 120 |
| Year Built: | 2008 |
| Lot Size: | 9.26 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $34,583 |
| Property Website | Click Here |
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