Southern Cross

1510 S 9th St Slaton, TX 79364

1510 S 9th St, Slaton, TX, 79364
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Apr 29, 2024

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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

Description

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.

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.


Year Built: 1970
Building Size: 14381sq ft
Building Class: C
Lot Size: 2.63 acres

Map of 1510 S 9th St, Slaton, TX, 79364

Presented by:
Keller Williams Realty - KW Commercial - Accel Group

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Greg Brownd


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