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$1,585,000

NAL Estimated Property Value

501 Package Property Avenue, Lubbock, TX, 79416

Off MarketInfo
CommercialInfo

About this property

Incredible investment package with great duplexes located on the same block. Very good location near hospitals and universities for easy access. This package of eight duplexes with 3 bedrooms 3 full bathrooms and 2 car garage on each side are adjacent to each other for easy management and maintenance. Very low vacancy rate and good steady rental income. If you are looking for a great 1031 exchange property this is definitely an option. Leases bring in $15,145/month gross.

Investor Tools

Property Icon
$1,585,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,585,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,510 /month
Positive
Cash Flow Estimate:
$3,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Lubbock

501 Package Property Avenue | Property Details | No Agent List