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2010 Avenue S
Lubbock, TX 79411
Raider Pointe Apartments · Multifamily Property For Sale
·
20 Units
Property Facts
| No. Units | 20 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 13,500 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 4.14/1,000 SF |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 13,500 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 4.14/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
About 2010 AVENUE S , LUBBOCK, TX 79411
Raider Pointe Apartments is a proven value-add opportunity in a convenient location. Current owners have extensively renovated twelve out of the twenty units. Updates include: flooring, paint, counters, doors, hardware, light fixtures, toilets, sinks, blinds, faucets, 5 new fridges, and some have new shower kits. These updates have allowed them to increase the operating income 23.4% over the last 7 months. They have also switched twelve of the tenants to RUBS so they pay their share of the utilities. For More Information visit: https://buildout.com/website/395923-sale
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $495.00 | 525 |
| 1+1 | 19 | $595.00 | 675 |
Property Taxes
| Parcel Number | R59990 | Improvements Assessment | $489,625 |
| Land Assessment | $30,375 | Total Assessment | $520,000 |
Property Taxes
