Contacts
Greg Brownd
Greg Brownd - Go-Getters Multifamily
(806) 777-4459
Property Details
- Property Type Multi-Family
- Property Size 14,381 SF
- Units 28
- Lot Size 2.63 Acre
- Additional Rent Contact for pricing
- Building Class C
- Year Built 1970
- Date Updated Apr 29, 2024
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.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.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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
Getting around
-
23/100
Walk Score ®
-
30/100
Bike Score ®
Powered by Walk Score ®
Location
- City Slaton, TX
- Neighborhood Slaton
- Zip Code 79364
- Market Lubbock
Points of Interest
-
Chillerz
0.65 miles
-
Falcon Fuels
1.09 miles
-
United Express
1.35 miles
-
Accent Shamrock
1.85 miles
-
Slaton Harvey House
1.26 miles
-
Knights Inn
1.86 miles
-
United Supermarkets
1.43 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
Greg Brownd
Greg Brownd - Go-Getters Multifamily
(806) 777-4459