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Multifamily

Albany Ridge

4705 Albany Ave, Lubbock, TX 79414

Listing Price: Request For Offer

Number of Units
34
Gross SF
31,258

Investment Overview

Albany Ridge is a charming apartment community located in Lubbock, Texas. Built in 1984, the complex consists of 34 units arranged in nine two-story buildings. Albany Ridge offers two floorplans: A single one-bedroom/one-bathroom measuring 700 square feet, and thirty-three two-bedroom/two-bathroom measuring 926 square feet. Albany Ridge is focused on providing residents with a comfortable and convenient place to call home. The units are complete with washer and dryer connections, a porch with a storage closet, walk-in closets, ceiling fans, mini blinds, ceramic tile, vinyl, and carpeted flooring, as well as all white appliances. With stylish homes and conveniences abound, residents find it easy to come to Albany Ridge. Perhaps the most alluring aspect of Albany Ridge is its central location in the city of Lubbock. The complex is closely surrounded by employment opportunities, a strong retail presence, and recreational activities. Within just a couple miles, residents can find several schools, parks, shopping centers, a plethora of restaurants and eateries, and much more. Albany Ridge is less than seven miles away from downtown Lubbock. The apartments are located within proximity to Interstate 62 as well as Loop 289, giving residents easy means to everything Lubbock has to offer as well as interregional access. Albany Ridge is a unique offering providing investors with upside potential and long-term value appreciation.

Investment Highlights

  • Value Add Opportunity with Under Market Rents and Additional Upside Through Interior Upgrades
  • Quiet Suburban Neighborhood with Easy Access to Schools, Health Care & Public Parks
  • Economic, Educational & Health Care Hub of the South Plains Region

Exclusively Listed By

Financing By

Listing Price: Request For Offer

Number of Units
34
Gross SF
31,258

Investment Highlights

  • Value Add Opportunity with Under Market Rents and Additional Upside Through Interior Upgrades
  • Quiet Suburban Neighborhood with Easy Access to Schools, Health Care & Public Parks
  • Economic, Educational & Health Care Hub of the South Plains Region

Investment Overview

Albany Ridge is a charming apartment community located in Lubbock, Texas. Built in 1984, the complex consists of 34 units arranged in nine two-story buildings. Albany Ridge offers two floorplans: A single one-bedroom/one-bathroom measuring 700 square feet, and thirty-three two-bedroom/two-bathroom measuring 926 square feet. Albany Ridge is focused on providing residents with a comfortable and convenient place to call home. The units are complete with washer and dryer connections, a porch with a storage closet, walk-in closets, ceiling fans, mini blinds, ceramic tile, vinyl, and carpeted flooring, as well as all white appliances. With stylish homes and conveniences abound, residents find it easy to come to Albany Ridge. Perhaps the most alluring aspect of Albany Ridge is its central location in the city of Lubbock. The complex is closely surrounded by employment opportunities, a strong retail presence, and recreational activities. Within just a couple miles, residents can find several schools, parks, shopping centers, a plethora of restaurants and eateries, and much more. Albany Ridge is less than seven miles away from downtown Lubbock. The apartments are located within proximity to Interstate 62 as well as Loop 289, giving residents easy means to everything Lubbock has to offer as well as interregional access. Albany Ridge is a unique offering providing investors with upside potential and long-term value appreciation.

Exclusively Listed By

Financing By

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