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5 unit CASH FLOW property

2104 Ave M, Lubbock, TX 79411


5 Units | Multifamily

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Multifamily Property For Sale

No. Units:
Building Size:
1,962 SF
Property Type:
Property Sub-type:
Property Use Type:
Cap Rate:
No. Stories:
Year Built:
Lot Size:
6,625 SF
Listing ID
Last Updated
38 days ago

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Great CASH FLOW property! 5 rentable units with $1,650 Gross Potential rent. Brick exterior. All units registered. There's also an additional efficiency unit in the back yard that's currently under construction. Could be a total of 6 units. Plenty of UPSIDE POTENTIAL by finishing back unit and raising rents. Utilities are currently paid by the owner up to $400/month. OWNER FINANCING AVAILABLE. Proforma CAP rate based on 50% expense ratio.

From 19th and Q: go east to Ave M, turn south, property on west side of street

Unit Mix Information

Map of 2104 Ave M, Lubbock, TX 79411 (Lubbock County)

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Multifamily Properties and Residential Packages in West Texas

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5 unit CASH FLOW property
  • Multifamily
  • $49,900
  • 5 Units
  • 1,962 SF