3333 Toledo Ave | Lubbock, TX 79410
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- LoopNet Team
3333 Toledo Ave
Lubbock, TX 79410
Coronado Crossing · Multifamily Property For Sale
·
61 Units
Investment Highlights
- 2.0x Equity Multiple by Year 5
- 8.1% Stabilized Yield on Cost by Year 3
- 7.5% Cap Rate on T12 Actuals
Property Facts
| No. Units | 61 | Building Size | 51,413 SF |
| Property Type | Multifamily | Average Occupancy | 79% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2017 |
| Building Class | C | Parking Ratio | 2.91/1,000 SF |
| Lot Size | 2.01 AC | ||
| Zoning | B-2 - Commercial | ||
| No. Units | 61 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.01 AC |
| Building Size | 51,413 SF |
| Average Occupancy | 79% |
| No. Stories | 2 |
| Year Built | 2017 |
| Parking Ratio | 2.91/1,000 SF |
| Zoning | B-2 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Carpet
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 670 |
| 2+1 | 19 | - | 930 |
| 2+1.5 | 22 | - | 919 |
| 3+1.5 | 2 | - | 1,150 |
| 3+2.5 | 1 | - | 1,523 |
| 4+2.5 | 3 | - | 1,523 |
Property Taxes
| Parcel Number | R46287 | Improvements Assessment | $3,577,931 |
| Land Assessment | $162,010 | Total Assessment | $3,739,941 |
Property Taxes
Parcel Number
R46287
Land Assessment
$162,010
Improvements Assessment
$3,577,931
Total Assessment
$3,739,941
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