2010 Avenue, Lubbock TX 79411

$ 845,000

2010 Avenue, Lubbock TX 79411
  • MLS #: 201810978
  • County: Lubbock
  • City: Lubbock
  • Area: 13500.00 sq ft
  • Zip: 79411
  • Date added: 12/23/18
  • Style: 2 Story
  • Bedrooms: 1
  • Half Bathrooms: 0
  • Lot size: 20250.00 sq ft
  • Bathrooms: 1
  • Type:
  • Status:
  • Acres: 0.46
  • Age: 0

Description

Raider Pointe Apartments is a proven value-add opportunity in a convenient location. Current owners have extensively renovated twelve out of the twenty units. Updates include: flooring, paint, counters, doors, hardware, light fixtures, toilets, sinks, blinds, faucets, 5 new fridges, and some have new shower kits. Theseupdates have allowed them to increase the operating income 23.4% over the last 7 months. They have also switched twelve of the tenants to RUBS so they pay their share of the utilities.

  • Legal Description: SOWELL BLK 5 L 4 & 5

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General Features

  • Zone: 2
  • Corporate License #: 495693
  • 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 : R59990

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