Apex Event Center
Market Price
7806 County Road 7050, Lubbock, TX 79407
Description:
Apex Sports & Event Center Discover the ultimate opportunity to own a premier sports and event center in Lubbock, Texas. Located at 7806 County Road 7050, this state-of-the-art facility offers a prime investment opportunity with its impressive features and lucrative income potential. Boasting a total building size of 73,280 square feet and sitting on 10.1 acres of land, Apex Sports & Event Center is a true gem in the heart of Lubbock. With its modern design and free span construction, the property offers endless possibilities for hosting various sports events, tournaments, and other large-scale gatherings. It features four hardwood courts and four multi-use courts, perfect for accommodating a wide range of activities. In addition to its impressive facilities, Apex Sports & Event Center has a strong financial performance. With a fully leased occupancy of 100%, the property generates a projected net operating income of $300,350 in 2023, resulting in a cap rate of 6.26%. Its strategic location in an area with a projected population of over 105,000 and median household income of $112,300 further enhances its investment potential. Don't miss the chance to acquire the renowned Apex Sports & Event Center. Contact us today to secure your spot in the thriving sports and event industry in Lubbock, Texas.
Documents:
| Title | ||
|---|---|---|
|
Apex_OM_-_new_style_v.3.pdf
|
Location
Gallery
