5504 34th St | Lubbock, TX 79407
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5504 34th St
Lubbock, TX 79407
Chaparral Terrace · Multifamily Property For Sale
·
14 Units
Property Facts
| No. Units | 14 | Lot Size | 0.63 AC |
| Property Type | Multifamily | Building Size | 9,125 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 2016 |
| Building Class | C | Parking Ratio | 3.01/1,000 SF |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 9,125 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Parking Ratio | 3.01/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Smoke Free
About 5504 34TH ST , LUBBOCK, TX 79407
Great opportunity for cash flow. Newly built in November 2016. Carpet and Tile, small back yards for 2/2 building. Occupancy has remained solid. Individually metered utilities including sub-metering system through Metertex for water and allocated garbage (passive billing system). Units contain all black GE kitchen appliances. Everything was built as new construction, so low if not zero maintenance costs.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $610.00 | 550 |
| 2+2 | 8 | $710.00 | 720 - 725 |
Property Taxes
| Parcel Number | R325742 | Improvements Assessment | $795,140 |
| Land Assessment | $54,860 | Total Assessment | $850,000 |
Property Taxes
Parcel Number
R325742
Land Assessment
$54,860
Improvements Assessment
$795,140
Total Assessment
$850,000
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