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3308 2nd St
Lubbock, TX 79415
Specialty Property For Sale
·
5,900 SF
Property Facts
| Property Type | Specialty | Building Size | 5,900 SF |
| Property Subtype | Residential Income | No. Stories | 1 |
| Lot Size | 0.15 AC | Year Built | 1947 |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Lot Size | 0.15 AC |
| Building Size | 5,900 SF |
| No. Stories | 1 |
| Year Built | 1947 |
About 3308 2ND ST , LUBBOCK, TX 79415
For sale stable 6 single-family residence portfolio in Lubbock, Texas Stable portfolio for sale now that is ready for a new owner to take advantage of its stability and value-add opportunities. The portfolio can be sold together or split separately. Please contact us for more information. Actual CAP Rate: 10%; Pro-Forma CAP Rate: 11.1% Asking Price: $281,000 Actual Net Operating Income: $27,996; Pro-Forma Net Operating Income: $31,320 Average Yearly Occupation Rate: More than 98% Average Monthly Rent is $595 Average residence square feet is 983 Owner will look at all offers
Property Taxes
| Parcel Number | R30509 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $21,539 |
Property Taxes
Parcel Number
R30509
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,539
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