Coronado Crossing

For Sale

3333 Toledo Ave, Lubbock, TX 79410

This Lubbock property for sale is located at 3333 Toledo Ave. Contact the listing broker for details on the current sale price for Coronado Crossing. Coronado Crossing is situated on a lot that is 2.01 acre in size.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 55,660 SF
  • Units 61
  • Lot Size 2.01 Acre
  • Year Built 1964
  • Year Renovated 2017
  • Date Updated Apr 22, 2025
The Coronado Crossing Apartments are located along 34th st in Lubbock. 34th st is a major east to west road that connects all of the major destinations in Lubbock. Coronado Crossing is located nearly equidistant from Texas Tech University and Lubbock Christian University. The combined enrollment between Texas Tech University and Lubbock Christian University is over 42,000 students strong. This property is in a prime location to serve the ever growing needs of Lubbock's local university community as well as the growing general population. Located just 2.8 miles from each university and less than 1 mile from access to the Marsha Sharp Fwy, Coronado Crossing is in a prime location to serve all of Lubbock.The Coronado Crossing Apartments apartments are located at 3333 Toledo Ave in Lubbock, TX. The apartments are comprised of six floor plans ranging from one bedroom units to four bedroom units. The property underwent a full renovation in 2017, reducing immediate capital expenditure needs. There is a dedicated laundry facility onsite offering tenants a highly desirable amenity as well as additional revenue potential.
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Highlights

  • 2.0x Equity Multiple by Year 5
  • 7.5% Cap Rate on T12 Actuals
  • 8.1% Stabilized Yield on Cost by Year 3

Getting around

  • 70/100

    Walk Score ®

  • 21/100

    Transit Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lubbock, TX
  • Neighborhood Coronado
  • Zip Code 79410
  • Market Lubbock

Points of Interest

  • Valero

    0.68 miles

  • Alon

    0.84 miles

  • Phillips 66

    0.92 miles

  • Murphy Express

    1.38 miles

  • Bolton Service Station

    1.51 miles

  • EZ-Mart

    1.57 miles

  • Tesla Supercharger

    4.21 miles

  • SPEC ChargePoint Station

    4.70 miles

  • vacant

    0.60 miles

  • East Welcome Center Parking

    1.57 miles

  • Lot C17

    1.60 miles

  • West Welcome Center Parking

    1.61 miles

  • Commuter Parking - Lot S1

    1.62 miles

  • Commuter Parking - Lot S2

    1.78 miles

  • Lot F-0

    1.89 miles

  • Days Inn & Suites by Wyndham Lubbock Medical Center

    0.31 miles

  • Comfort Suites University

    0.35 miles

  • Studio 6 Lubbock, TX - Medical Center

    0.43 miles

  • Hawthorn Suites by Wyndham Lubbock

    0.59 miles

  • La Quinta Inn & Suites

    0.92 miles

  • Americas Best Value Inn Medical Center Lubbock

    1.05 miles

  • Guesthouse Inn & Suites

    1.05 miles

  • SureStay Plus Hotel

    1.15 miles

  • Sleep Inn and Suites Lubbock

    1.76 miles

  • Quality Inn & Suites

    1.92 miles

  • Market Street

    0.80 miles

  • Oriental Market

    1.17 miles

  • Food King

    1.80 miles

  • Dillard's

    1.86 miles

  • Mirch Masala Groceries & Kitchen

    1.93 miles

  • South Plains Mall

    1.95 miles

  • United Supermarkets

    1.95 miles

  • Jirani International Enterprise African Market

    1.98 miles

  • JCPenney

    2.04 miles

  • Ross

    2.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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