1901 41st Street, Lubbock TX 79412

$ 430,000

1901 41st Street, Lubbock TX 79412
  • MLS #: 201810977
  • County: Lubbock
  • City: Lubbock
  • Area: 6537.00 sq ft
  • Zip: 79412
  • Date added: 12/22/18
  • Style: 1 Story
  • Bedrooms: 2
  • Half Bathrooms: 0
  • Lot size: 16575.00 sq ft
  • Bathrooms: 1
  • Type:
  • Status:
  • Acres: 0.38
  • Age: 0

Description

Clapp Park Apartments is an 11 unit one-story property that would be ideal for a local owner expanding their portfolio or as a first time multifamily investment opportunity. Current owners have transitioned tenants to RUBS where they’re paying their portion of the utilities now. They’ve also updated 7 of the units so far. Some of the updates include: counters, flooring, paint, shower kits, and doors. The new owner could continue updating the units as they become available, raise rents, and continue to switch the remaining tenants to RUBS.

  • Legal Description: TAYLOR-JACKSON L 1

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General Features

  • Zone: 2
  • Corporate License #: 494693
  • Concession Amount: 1800-01-01 0.00
  • Lease Type: Net
  • Cooling: Central Electric
  • Licensed Supervisor: Pam Titzell
  • School District: Lubbock ISD

Taxes & Fees

  • Tax ID : R25692

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