Portfolio of 10 Assets
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Portfolio of 10 Assets
10 Properties Offered at £752,714 in Lubbock, TX
Investment Highlights
- High Occupancy
- Newer Construction
- Property Management in place
- Easy Re-Rent
- Affordable housing
Executive Summary
This portfolio is ready to change hands! 10 units, ready to roll with over 90% occupancy, this is a cash flowing machine! All properties were built after 2006, and most have 3 bedrooms, 2 bathrooms, and a 2 car carport, with a few exceptions having 2 bedrooms. These properties are located in North East Lubbock, and cover a wide area based on location. Owner has 20 total units that are all like these if interested in larger group.
Taxes & Operating Expenses (Pro forma - 2023) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro forma - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | £752,714 | Status | Active |
| Price / SF | £56.17 / SF | Number of Properties | 10 |
| Sale Conditions | Portfolio Sale | Individually For Sale | 0 |
| Net Initial Yield | 12.63% | Total Building Size | 13,400 SF |
| Sale Type | Investment | Total Land Area | 2.25 AC |
| Price | £752,714 |
| Price / SF | £56.17 / SF |
| Sale Conditions | Portfolio Sale |
| Net Initial Yield | 12.63% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 10 |
| Individually For Sale | 0 |
| Total Building Size | 13,400 SF |
| Total Land Area | 2.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1809 38th St, Lubbock, TX 79412 | Residential | 1,040 SF | 2007 | - |
| 1807 38th St, Lubbock, TX 79412 | Speciality | 1,980 SF | 1990 | - |
| 621 38th St, Lubbock, TX 79404 | Speciality | 1,680 SF | 1990 | - |
| 1801 38th St, Lubbock, TX 79412 | Speciality | 1,680 SF | 1990 | - |
| 2913 Bates St, Lubbock, TX 79415 | Speciality | 1,680 SF | 1990 | - |
| 3512 E Colgate St, Lubbock, TX 79403 | Speciality | 1,068 SF | 2006 | - |
| 1805 38th St, Lubbock, TX 79412 | Speciality | 1,068 SF | 2006 | - |
| 1803 38th St, Lubbock, TX 79412 | Speciality | 1,068 SF | 2006 | - |
| 3518 E Colgate St, Lubbock, TX 79403 | Speciality | 1,068 SF | 2006 | - |
| 3508 E Colgate St, Lubbock, TX 79403 | Speciality | 1,068 SF | 2006 | - |
1 of 1
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Brick & Loft Realty
Portfolio of 10 Assets
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.