This Multifamily Property is Off-Market.

2401 45th Street
Lubbock, TX 79412 ·

33 Units · Multifamily For Sale

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Park Terrace Apartments

Price N/A Commission Split 2.5%
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

Description

**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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2401 45th Street, Lubbock, TX 79412 (Lubbock County)

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