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1303 65th Dr
Lubbock, TX 79412

$1,650,000 USD

Apartments For Sale • 29,574 SF

Property Details

Property Type Apartments
Total Building Size 29,574 SF
Lot Size 1.46 AC
Year Built 1965
Cap Rate 8.09 %
Zoning C4

19 Transit Score

27 Walk Score

                
                    Highlights
                
                                Seller Financing 30 Year 7.95% with 20% Down
                            
                                Rehabbed and Updated Units 2022-2023
                            
                                $400,000++ In Capital Expenditures improvements

Property Flyers

1710 9th Hold ROI Analysis

1710 9th Financial Analysis

Financial Summary (Proforma)

Net Operating Income: $133,396 USD (2024)

Cap Rate:	8.09 %
Total Expenses:	$69,164 USD

Amenities

Courtyard

Public Transportation

Airport	Drive	Walk	Distance
Lubbock Preston Smith International	26 min	-	14.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes

Josh Allen 806-239-5313 Reside Real Estate Co.

1303 65th Dr Lubbock, TX 79412