1702 26th Street, Lubbock, TX 79411 | Listings

1702 26th Street, Lubbock, TX 79411

  • $939,000
  • 21,352 sq ft
  • Commercial
  • Listing #201900362

Property Description

Wonderful investment opportunity with this quaint & well-maintained 22-unit apartment building. The Kentwood complex has very strong cash-flow (CAP rate: 9.39%) PLUS a value-add opportunity and houses 8 one-bed/one-bath units and 13 two-bed/2-bath units & 1 3bed/2bath unit that remain rented at a 98% capacity. This property boasts a prime central location off Avenue Q, covered tenant parking, on-site laundry facility, covered breezeway access to all units and a grass courtyard with BBQ grills for community use. Great updates include 1 year old roof, 15 remodeled units, conversion to HVAC in 19 units, updated electrical and plumbing throughout. Call for a private tour today!

Listing Details

Price$939,000
Property TypeCommercial
Listing #201900362
StatusActive
CountyLubbock
Listing TypeFor Sale
Property Taxes (Annual)$0

Interior Features

Square Feet21,352
FloorsCeramic Tile, Vinyl/VCT
Heating and CoolingCentral Gas, Central Electric

Exterior Features

ExteriorBrick
FoundationSlab
RoofComposition
Lot Size0.76 acres

Miscellaneous

MLS Area2
Garage Spaces0

Courtesy of Charity Leeson, Amy Tapp Realty

lubbockInformation should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2019 Lubbock Association of REALTORS®.
This content last updated on 2/16/2019 6:52 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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