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6505 Avenue Q

Lubbock, TX 79412
  • $475,000
  • STATUS: Active
  • ON SITE: 1 Day
  • MLS #: 202554437
New On Site 1 Day Ago
UPDATED: 54 min ago
$475,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,955
    SQFT
  • $60
    $/SQFT
Neighborhood:
2
Type:
Commercial
Built:
1974
County:
Area:
2

School Ratings & Info

School District:

Description

Great Investment Opportunity!!! This 12-unit apartment complex presents an incredible value-add opportunity for investors. With all 12 units currently vacant, this property is primed for renovation and repositioning to maximize rental income. Unit 1 is a 2 bed, 1 bath with the 11 remaining units being 1 bed, 1 baths. With some TLC and proper management, this complex has the potential to generate cash flow in a rental market where demand remains steady. Whether you're looking to flip or hold, this is your chance to bring new life to a multifamily asset.

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© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively 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. Data last updated: 2025-05-11T21:59:01.217.
www.raftercrossrealty.com/homes/163581273
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6505 Avenue Q Lubbock, TX 79412

  • Price: $475,000
  • Status: Active
  • On Site: 1 Day
  • Updated: 54 min ago
  • MLS #: 202554437
0
Beds
0
Baths
0
½ Baths
0.42
Acres
7,955
SQFT
$60
$/SQFT
1974
Built
Neighborhood:
2
County:
Lubbock
Area:
2
School District:
Lubbock Isd
Property Description
Great Investment Opportunity!!! This 12-unit apartment complex presents an incredible value-add opportunity for investors. With all 12 units currently vacant, this property is primed for renovation and repositioning to maximize rental income. Unit 1 is a 2 bed, 1 bath with the 11 remaining units being 1 bed, 1 baths. With some TLC and proper management, this complex has the potential to generate cash flow in a rental market where demand remains steady. Whether you're looking to flip or hold, this is your chance to bring new life to a multifamily asset.
Exterior Features

Construction Materials [] Foundation Details Slab Parking Features [] Roof []

Interior Features

Above Grade Finished Area 7955 Cooling [] Flooring [] Heating []

Property Features

Accessibility Features [] Building Features [] Business Type [] Fencing [] Land Details Minerals Available No Lease Considered YN No Listing Terms 1031 ExchangeCashConventional Lot Features [] Occupant Type Vacant Property Sub Type Multi Family Road Frontage Type [] Road Surface Type [] Security Features [] Sewer [] Special Listing Conditions [] Stories Total 2 Tenant Pays [] Utilities [] Water Source [] Waterfront Features []

Listing provided courtesy of Sol Carver of Aycock Realty Group, LLC: 806-778-5956. Listing information © 2025 Lubbock Association of REALTORS® MLS.


© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively 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. Data last updated: 2025-05-11T21:59:01.217.
 
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Rafter Cross Realty
822 South Main Street, P.O. Box 8
Lovington NM, 88260