3206-3304 Salisbury Ave - 4 Quadplex Package

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30453906
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 16 Units
Building Size (RSF): 12,800 SF
Gross Building Area: See Agent
Sale Price: $975,000
Unit Price: $60,937.50 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 8/22/2019

Overview / Comments

Great opportunity to own this 4-quadplex package! *100% OCCUPIED* All 16 units include 2 bedrooms & 1 bathroom with updates throughout. Some value add potential with already solid cash flow on this property as it is currently bringing in $10,435/month with all 16/16 units currently rented.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R46400, R46447, R46354, R46379
Total Number of Buildings: 4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,826 133,935 211,372
Median Age: 31.39 31.45 32.08
Households: 5,392 53,404 82,296


Photograph of Listing Agent

Cameron Seale

Williams & Company Real Estate
West Texas CIE Member
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