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2609 Avenue K Lubbock, TX 79411

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For Sale
$47,000

Eight properties with rent growth potential in Lubbock, Texas.

Lot size:
0.09 Acres

Property Features for 2609 Avenue K

General Information

Standard status
Active
Lot size
0.09 Acres
Exterior features
Composition
Interior features
Central, Central Air

Building Details

Year built
1947

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Listing Contact
Felicia Estrada
Source: Kw

Listing Agency: Lubbock Listing Agent: Felicia Estrada

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Investor-Friendly Multifamily Portfolio Opportunity

This investor-friendly portfolio features eight properties with strong occupancy and significant potential for rent growth through cosmetic value-add improvements. The properties are tenant-occupied with a consistent rental history. Light updates could increase rents to current market rates. The portfolio is suited for BRRRR investors or portfolio builders seeking stabilized cash flow with upside potential. The properties include a mix of two- and three-bedroom homes located in accessible rental areas. There is an opportunity to reposition these units with minor repairs, improved tenant placement, and rent optimization. The portfolio will be sold only as a group; individual property sales are not available.
Location Intelligence

Current Use by Public Records

Multifamily properties

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Location Insight

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City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.84746
Latitude
33.570183

FAQs

What type of property is this?
Multifamily property - Eight properties with rent growth potential in Lubbock, Texas.
Where is this multifamily property located?
The property is located at 2609 Avenue K Lubbock, TX.
What is the asking price?
The asking price for this property is $47,000.
What are key features of this property?
This property features: - 8-property portfolio offered as a single investment; - Strong occupancy with consistent rental history; - Significant rent-growth potential through cosmetic updates
More about this property
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