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1702 26th Street $939,000
1702 26th Street Lubbock, TX 79411
- 21,352 sq.ft.
- 0.76 Acres
- Commercial
MLS# 201900362 | Active
$939,000
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Friday
22
Feb
Saturday
23
Feb
Sunday
24
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Monday
25
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Tuesday
26
Feb
Property Details
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!
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General Features
- Age 0
- County Lubbock
- Property Subtype 1 Package Properties
- Property Type Commercial
- Year Built 0
- Status Active
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Building Features
- Ceiling Height 0.0
- Construction Exterior Brick
- Cooling Central Electric
- Floor Covering Ceramic Tile, Vinyl/VCT
- Foundation Slab
- Garage Space 0
- Heating Central Gas
- Num of Buildings 0
- Num of Floors 0
- Num of Overhead Doors 0
- Num of Parking Spaces 0
- Roof Composition
- Square Footage 21352.00
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Room Features
- Full Bathrooms 0
- Half Bathrooms 0
- Restrooms 2 Baths
- Three Quarter Bathrooms 0
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Property Features
- Acres 0.76
- Crops No
- Lot Improvements Curbs/Gutters, Sidewalks
- Lot Measurement SqFt
- Lot Square Footage 32900.00
- Minerals Surface Only
- Minerals Available No
- Num Wells 0
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Schools
- School District Lubbock ISD
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Additional Features
- Miscellaneous Covered Parking,Landscaped,Paved Parking
- Road Frontage City
Contact
RE/MAX Lubbock-Commercial Division
OfficeRE/MAX Lubbock-Commercial Division
Office Phone: 806-799-4200Neighborhood
Market Last 30 Days
Property History
| Date | Price |
|---|---|
| -- | New Value: $939,000 |
| 1/14/2019 12:25:00 PM |
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Information is provided in part by the IDX program of the Lubbock Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
