Remarks

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.

Details

MLS#: 202551896
Price: $475,000

Style: Multi Family
Sq Ft: 7955
Year Built: 1974

County: Lubbock