Contacts
Greg Brownd
The Go-Getters Multifamily with KW Commercial
Property Details
- Property Type Multi-Family
- Property Size 14,381 SF
- Units 28
- Lot Size 2.63 Acre
- Additional Rent Contact for pricing
- Building Class C
- Year Built 1970
- Date Updated Nov 26, 2024
Southern Cross is a 28 unit property located in Slaton TX, about 20 minutes southwest of Lubbock on US Hwy 84. Slaton's population is apx. 6,000 people. Lubbock county's population is apx. 317,000.Southern Cross is a one-story property has 15-1 bedroom units and 13-2 bedroom units. The property has pitched metal roofs, washer/dryer connections in each unit, covered front porches, and provides residents with affordable housing options within close proximity to Lubbock. Rents are over $100 under market compared to the other market rate complex in town.
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Highlights
- Rents are $118 under market on 1br and $156 under on 2br
- Maximize NOI by continuing to recoup utility costs
- Asking price less than $36k/unit
Getting around
-
23/100
Walk Score ®
-
30/100
Bike Score ®
Powered by Walk Score ®
Location
- City Slaton, TX
- Neighborhood Slaton
- Zip Code 79364
- Market Lubbock
Points of Interest
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CEFCO
0.17 miles
-
Chillerz
0.65 miles
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Falcon Fuels
1.09 miles
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United Express
1.35 miles
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Accent Shamrock
1.85 miles
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Valero
2.14 miles
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Slaton Harvey House
1.26 miles
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Knights Inn
1.86 miles
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United Supermarkets
1.43 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Greg Brownd
The Go-Getters Multifamily with KW Commercial
