Multi-Family Investment Opportunity

623 North Elkhart Avenue Lubbock, TX 79416

623 North Elkhart Avenue , Lubbock, TX, 79416
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$329,000
Last Verified:
Jun 21, 2024

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Highlights

  • (2) miles from Texas Tech University
  • (4) miles to UMC & Covenant Hospitals
  • Easy access to all parts of LBK via Loop 289
  • Corner Lot

Description

Well-maintained duplex investment. Ready for leasing. Updated appliances, isolated laundry rooms with mudbench area, quality flooring, and newer appliances.

Located in Northeast Lubbock cross streets Erskine and North Frankford


Year Built: 2017
Building Size: 2679sq ft
Lot Size: 0.22 acres


Documents

Sale Brochure

Map of 623 North Elkhart Avenue , Lubbock, TX, 79416

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.