4302 Boston Ave
Lubbock, TX 79413
Boston Ridge · Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 1.44 AC |
| Building Size | 13,238 SF |
| Average Occupancy | 88% |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2015 |
| Parking Ratio | 2.42/1,000 SF |
| Zoning | B-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Oven
- Carpet
- Lawn
ABOUT 4302 BOSTON AVE , LUBBOCK, TX 79413
Background: We purchased Boston Ridge in November 2015. Boston Creek is a 400+ unit property across the street. Our property, Boston Ridge, was originally constructed at the same time as Boston Creek and has the same floor plans. Boston Creek units rent for $750-$845. Our property rents for either $545 or $595 ($155 - $300/mo less than Boston Creek). See brochure for more information.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 14 | $570.00 | 725 - 750 |
PROPERTY TAXES
| Parcel Number | R78293 | Improvements Assessment | $440,224 |
| Land Assessment | $93,776 | Total Assessment | $534,000 |
