6505 Avenue Q, Lubbock, TX, 79412
6505 Avenue Q, Lubbock, TX, 79412
$475,000
Request info
Basics
- Date added: Added 2 days 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: 202554437
Description
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Description:
Great Investment Opportunity!!! This 12-unit apartment complex presents an incredible value-add opportunity for investors. With all 12 units currently vacant, 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