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4602 50th St
Lubbock, TX 79414
Lubbock Square Apartments · Multifamily Property For Sale · 124 Units

Investment Highlights

  • 6.9% cap rate on May T12 financials
  • Stabilized property with value add opportunities
  • Centrally located off of 50th St

Property Facts

No. Units 124
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.51 AC
Building Size 123,064 SF
Average Occupancy 76%
No. Stories 2
Year Built 1973
Parking Ratio 2.15/1,000 SF
Zoning B2

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Carpet

Site Amenities

  • 24 Hour Access
  • Business Center
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Tanning Salon
  • Package Service
  • Maintenance on site
  • Online Services

Property Taxes

Property Taxes

Parcel Number
R65600
Land Assessment
$1,183,960
Improvements Assessment
$5,316,040
Total Assessment
$6,500,000
  • Listing ID: 32566073

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 4602 50th St, Lubbock, TX 79414

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