For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,815 sqft
Price per Sqft $131
MLS Listing ID 202407115
Sold Date 05/31/24
Bedrooms 3
Full Baths 2
Year Built 2020
Annual Tax Amount $26,785
Lot Size 0.459 Acres
Acres 0.46
Property Sub-Type Multi Family
Property Description
Offered for sale is a 5-plex building of Jordan Wheatley townhomes. Built in 2020 offering high quality construction, efficient design and a great investment opportunity. Located in Lubbock Cooper ISD, these 3 bedroom, 2 bathroom, 2 car garage townhomes total 5 units and have rented for $1,495-$1,595/mo with room to grow in rental income. Each unit is identical size and totals 1,563 square feet. Features include: Ceramic Tile & Carpet flooring, granite counters, vaulted ceilings, turf and xeriscape in the front with sod/sprinkler in the back. Pre-inspected and ready to sell. This low maintenance investment has been well cared for and has Class A quality with luxury investor appeal. With a Rental value of $1,700/mo this property has incredible upside. The former property manager did not raise rents for 3 years. Historically 100% Fully occupied. Schedule for a showing today!
Location
State TX
County Lubbock
Area 7
Rooms
Basement Basement
Interior
Interior Features Ceiling Fan(s), Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Electric
Equipment None
Window Features Low-Emissivity Windows,Window Coverings
Appliance Dishwasher, Refrigerator
Exterior
Exterior Feature Outdoor Kitchen
Parking Features Attached, Garage, On Street
Garage Spaces 2.0
Garage Description 2.0
Fence Fenced
Utilities Available Electricity Available
Roof Type Composition
Porch Covered, Patio
Garage Yes
Private Pool No
Building
Lot Description Landscaped, Sprinklers In Rear, Zero Lot Line
New Construction No
Schools
Elementary Schools Lubbock-Cooper West
Middle Schools Lubbock-Cooper Bush
High Schools Liberty High School
Others
Tax ID TAX ID NOT FOUND
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP