Log In/Sign Up
2416 Colgate St
Lubbock, TX 79415
Colgate Apartments · Multifamily Property For Sale
·
12 Units
Property Facts
| No. Units | 12 | Building Size | 6,300 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2015 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 0.50 AC | ||
| Zoning | B2 - Apartments | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 6,300 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2015 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | B2 - Apartments |
About 2416 COLGATE ST , LUBBOCK, TX 79415
Colgate Apartments is a 12 unit complex located in Lubbock Texas. This is a 2 story property with all 1 BR / 1 Bath units. It's only 1 mile north of Texas Tech University. Located next to Cavasos Middle School and close to shopping and transportation for the tenants. This is a good opportunity for either a first time multifamily investor or local group wanting to grow their portfolio. With a little TLC and great management, this could be a cash cow for you! Additional ways to add value would be to start implementing RUBS on the water bill like some of the other properties in the area. This would decrease your utility cost by almost $6,000/yr.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $400.00 | 400 |
Property Taxes
| Parcel Number | R46659 | Improvements Assessment | $292,200 |
| Land Assessment | $10,800 | Total Assessment | $303,000 |
Property Taxes
Parcel Number
R46659
Land Assessment
$10,800
Improvements Assessment
$292,200
Total Assessment
$303,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
