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Raider Pointe

$1,100,000

2010 Avenue S, Lubbock, TX 79411

Active
Last Updated: 04/11/2024

13,500 sqft

Building Size

20

Units

Details:
Building Size:    13,500 sqft
Units:    20
Year Built:    1965
Floors:    2
Description:

This 20-unit apartment complex in Lubbock, TX, offers one-bedroom units, and one efficiency apartment. The property includes an on-site laundry facility, and is operated with an all bills paid model. Positioned in a strategic location, it presents a solid investment opportunity with potential for high occupancy rates and steady rental income.


The Lubbock, Texas apartment market is characterized by steady growth, driven by the city's expanding population and the presence of Texas Tech University, which fuels demand for rental housing. With a diverse range of housing options, Lubbock offers competitive rental prices and a healthy occupancy rate. The market continues to attract investors looking for stable returns in a community with a strong economic foundation and potential for long-term growth. Raider Pointe is positioned with easy access to Texas Tech university, I-27, and Marsha Sharp, offering tenants convenient access to all of Lubbock.



Opportunity to implement RUBS
1.0 Miles from a top 3 employer in Lubbock 

Map:
Documents:
Title
Raider Pointe Offering Memorandum
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Location
Gallery