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7410 Quaker Ave
Lubbock, TX 79424
Quaker Terrace · Multifamily Property For Sale · 34 Units

Property Facts

No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.33 AC
Building Size 36,520 SF
No. Stories 2
Year Built 1973
Parking Ratio 2.19/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Kitchen
  • Refrigerator
  • Oven
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

About 7410 QUAKER AVE , LUBBOCK, TX 79424

Coldwell Banker Commercial has been exclusively retained to offer for purchase the Quaker Terrace Apartments located at 7410 Quaker Ave in Lubbock, Texas. Quaker Terrace is a 2-story apartment community located in South Lubbock, within three (3) miles from Texas Tech University, within one (1) mile from Lubbock Christian University, and within two (2) miles of Wayland Baptist University. The offering of this 34 -unit asset provides investors with a value-add opportunity investment. With minor upgrades, Quaker Terrace Apartments can be positioned to effectively compete with its surrounding competition and become a long-term, consistently performing asset.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 - 600
2+1 18 - 782

Property Taxes

Property Taxes

Parcel Number
R75095
Land Assessment
$116,118
Improvements Assessment
$1,383,882
Total Assessment
$1,500,000
  • Listing ID: 15087587

  • Date on Market: 2/5/2019

  • Last Updated:

  • Address: 7410 Quaker Ave, Lubbock, TX 79424

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