22-unit Apartment Building with 9.39% Cap Rate

Multi-Family for Sale
Catylist Listing ID: 30368256
Property Subtypes: Low-Rise/Garden
Number of Units: 22 Units
Building Size (RSF): 21,352 SF
Gross Land Area: 32,900 SF
Sale Price: $939,000
Unit Price: $42,681.82 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2019

Overview / Comments

Please contact the agent for more information about this listing.


Finance Data Year 2019
Real Estate Taxes - Annual($) $14,424 (Annual)
Gross Operating Income $142,680 (Annual)
Net Operating Income $88,206 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Lubbock
County: Lubbock

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,799 96,283 198,190
Median Age: 27.63 30.05 32.09
Households: 5,700 34,423 75,839


Photograph of Listing Agent

Charity Leeson

Amy Tapp Realty
West Texas CIE Member
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