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Apartment Building Package of 31 Units

3011 E 3rd St Lubbock, TX 79403

New
3011 E 3rd St, Lubbock, TX, 79403
$2,215,915
For Sale
$2,215,915

Apartment package includes 31 units with 88 bedrooms and 40 bathrooms, generating current monthly rents of $22,050.

Property Size34,091 SF
Price / SF$65
Days on Market3

Property Features for 3011 E 3rd St

General Information

Standard status
Active
Size
34,091 SF
Property subtype
Multi-Family

Building Details

Year Built
1952
Listing agency Realty Refined
Listed by Scott Toman · License #0468252
Source Raftercrossrealty
Added: Jul 20 Updated: Jul 21 at 3:05AM Checked: Jul 21 at 3:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Refined


Investment Insights

Based on property information with market context.

This package property offers 31 apartment units with a combined 88 bedrooms and 40 bathrooms. The total building size is 34,091 square feet. Current rent collections total $22,050 per month, with stated potential rent of $23,650 per month.

Per the public remarks, many tenants have been in place for years and are currently on month-to-month leases.

The property is presented as a multi-unit residential income offering for buyers seeking a larger apartment package with an existing tenant base.

Key Highlights

  • 31‑unit apartment package with 88 bedrooms and 40 bathrooms
  • Total building size of 34,091 sq ft
  • Current monthly rents are $22,050

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Dental Office Building Supply Parking Lot & Garage HVAC Service Bakery Plumbing Service Daycare Center Grocery & Convenience Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Apartment package includes 31 units with 88 bedrooms and 40 bathrooms, generating current monthly rents of $22,050.
Where is this apartment building located?
The property is located at 3011 E 3rd St Lubbock, TX.
What is the asking price?
The asking price for this property is $2,215,915.
What are key features of this property?
This property features: 31‑unit apartment package with 88 bedrooms and 40 bathrooms; Total building size of 34,091 sq ft; Current monthly rents are $22,050
Contact an agent
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