Multifamily
Liveoak Seventh
5833 7th St, Lubbock, TX 79416
Listing Price: $2,400,000
Cap Rate
7.58%
Number of Units
16
GRM
10.13
Occupancy
100.0%
Price/Unit
$150,000
Price/Gross SF
$130.43
Gross SF
18,400
Investment Overview
Marcus & Millichap is pleased to announce the exclusive listing of Liveoak Seventh, a 16-unit apartment community in Lubbock, TX.
Listing Price: $2,400,000
Cap Rate
7.58%
Number of Units
16
GRM
10.13
Occupancy
100.0%
Price/Unit
$150,000
Price/Gross SF
$130.43
Gross SF
18,400
Investment Highlights
- Priced at $2.4M, +7% Cap Rate, +10% Cash-On-Cash
- Opportunity to Increase Rents
- Attractive New Financing
Investment Overview
Marcus & Millichap is pleased to announce the exclusive listing of Liveoak Seventh, a 16-unit apartment community in Lubbock, TX.
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