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7303 Avenue X
- Assumable financing available
- Convenient location with easy access to loop and South Lubbock
- Good unit mix with one and three bedroom units
- Easy low capital investment value add opportunities
Property Description
Springtime is a 24 unit, mid 80s construction property that has an even mix of one and three bedroom units. It's brick construction and the roofs have recently been replaced. The one bedroom units include stackable washers/dryers and the three bedroom units have connections for them. The top three things that the new buyer could do to improve the NOI is to start charging for washers/dryers, stop providing free cable, and start billing back for the water/sewer/trash bill - like the other properties in the area. This is a desirable property, especially since it offers 3 BR townhome style units that aren't very common in the market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 24 |
| Year Built: | 1984 |
| Lot Size: | 56,628.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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