2401 45th Street
Lubbock, TX 79412 ·
33 Units · Multifamily For Sale
Park Terrace Apartments
|No. Units||33||Cap Rate||9.63%|
|Building Size||25,640 SF||Occupancy||90%|
|Property Type||Multifamily||Lot Size||38,513 SF|
|Property Sub-type||Garden/Low-Rise||APN / Parcel ID||R122162|
|Property Use Type||Investment|
|Listing ID: 17301299||Date Created: 08/22/2011||Last Updated: 12/09/2012|
**PRICE LOWERED** 33 Apartments on two floors with 1 three Bedroom, 22 two bedrooms and 10 one bedrooms units with one bath each. The Three bedroom unit is over 1600 Sq Ft and has two baths and a large laundry room. Pay for use laundry facilities located on the 2nd floor of complex with 4 washer and 4 dryers. Apartment built in 1962 and we are the second owner. Approximately 20 off-street parking places with about 12 curb side parking places. Unit adjacent to large citty park and swimming pool. $530,000.00 assumable loan. Price lowered $90,000.00
Located just east of University Ave on 45th Street which is less than 2 miles from TTU campus. Next to large City park with swimming pool on.
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