6505 Avenue Q, Lubbock, TX, 79412
6505 Avenue Q, Lubbock, TX, 79412
$475,000
Request info
Basics
- Date added: Added 17 hours ago
- Category: Commercial Sale
- Type: Multi-Family
- Status: Active
- Bathrooms: 0
- Area: 7955 sq ft
- Lot size: 0.42 sq ft
- Year built: 1974
- Lot Size Acres: 0.42 acres
- Address: 6505 Avenue Q, Lubbock, TX, 79412
- County: Lubbock
- MLS ID: 202551896
Description
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Description:
Great Investment Opportunity!!! This 12-unit apartment complex presents an incredible value-add opportunity for investors. With 10 out of the 12 units currently vacant and the remaining two becoming available soon, this property is primed for renovation and repositioning to maximize rental income. Unit 1 is a 2 bed, 1 bath with the 11 remaining units being 1 bed, 1 baths. With some TLC and proper management, this complex has the potential to generate cash flow in a rental market where demand remains steady. Whether you're looking to flip or hold, this is your chance to bring new life to a multifamily asset.
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Location
Building Details
- Building Area Total: 7955 sq ft
- Foundation Details: Slab
Amenities & Features
- Basement: No
- Private Pool: No
- Fireplace: No
Miscellaneous
- Listing Terms: 1031 Exchange, Cash, Conventional
Courtesy of
- List Office Name: Aycock Realty Group, LLC