Oak Terrace

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30772356
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 44 Units
Building Size (RSF): 38,660 SF
Gross Building Area: See Agent
Sale Price: $1,700,000
Unit Price: $38,636.36 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

Oak Terrace is located in Littlefield, TX which is about 30 minutes northwest of Lubbock, TX. This is located across the street to the east of Littlefield High School. Littlefield is the county seat of Lamb county. The local economy is made up primarily of agriculture, and the top employers in the area are: Continental Dairy Services, Lowe’s Supermarket, Noltex Truss, and the Billy Clayton Detention Center.

Additional Details

Nearest MSA: Lubbock
County: Lamb
Tax ID/APN: 20763

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,128 5,286 5,286
Median Age: 31.69 33.22 33.22
Households: 1,451 1,909 1,909

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