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

You must register your contact information to view secure information on this listing.
This Specialty Property is no longer advertised on LoopNet.com.

1720 47th St
Lubbock, TX 79412
46 SFR Portfolio in Lubbock · Specialty Property For Sale · 50,106 SF

Property Facts

Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class C
Lot Size 0.12 AC
Building Size 50,106 SF
No. Stories 1
Year Built 1970

About 1720 47TH ST , LUBBOCK, TX 79412

For Sale 46 single family residence portfolio in Lubbock and Slaton, Texas. The package can be sold together or split separately. Please call at 806-438-9116 or email at rm@mitley.com if you would like to request additional information. Portfolio is self managed by a local professional investor. Portfolio is extremely stable and offers value-add opportunities to a new investor. Portfolio can use cosmetic upgrades if a new owner would like to increase its value. Asking Price: $2,098,300 Actual NOI: $230,963; Conservative Pro-Forma NOI: $266,441 Actual CAP Rate: 11.0%; Pro-Forma CAP Rate: 12.7% SELLER WILL LOOK AT ALL OFFERS

Property Taxes

Property Taxes

Parcel Number
R124239
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$90,642
  • Listing ID: 13683793

  • Date on Market: 9/2/2018

  • Last Updated:

  • Address: 1720 47th St, Lubbock, TX 79412

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}