3508 E Colgate Street Lubbock, TX 79403

Building Details

Year Built

2008

Listing office Brick & Loft Realty c*@blrlbk.com Show Phone

Listing date Mar 15, 2025

Source Exitrealty

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Investment Insights

Based on property information with market context.

This multifamily property, located in Lubbock, Texas, comprises a total of 5406 square feet. The property is fully occupied, with 5 out of 5 units currently leased. The property's capitalization rate is 7.62%.

Key Highlights

• 7.62% cap rate makes this property an attractive investment.
• 5 out of 5 units occupied, ensuring immediate income.
• Year Built: 2008

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FAQs

What type of property is this?

Apartment building - Multifamily property with high occupancy and strong cap rate.

Where is this apartment building located?

The property is located at 3508 E Colgate Street Lubbock, TX.

What is the asking price?

The asking price for this property is $465,000.

What are key features of this property?

This property features: 7.62% cap rate makes this property an attractive investment.; 5 out of 5 units occupied, ensuring immediate income.; Year Built: 2008