$1,399,000
24-Unit Multifamily in Lubbock, TX
TX · listed Apr 9, 2025 (567 days)
Price per unit compared
This property$58K
Within ~40 mi (14)$80K
Texas median (1,196)$92K
- $/unit
- $58,292
- ▼ 37% vs TX · 21st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 24
- 12 bldg · 2019
Financials
- Asking price
- $1,399,000
- Price per unit
- $58,292
- Price per sq ft
- $61
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 24
- Unit mix
- Not stated
- Buildings
- 12
- Year built
- 2019
- Building size
- 23,112 sq ft
- Avg unit size
- 963 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 9, 2025
- Days on market
- 567 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2074
About this property
2109 - 2131 (ODD) E Broadway in Lubbock, TX. The CBC Texas Multifamily Group is proud to offer, on an exclusive basis, a compelling investment opportunity: a 24-unit duplex portfolio strategically located on East Broadway in Lubbock, TX. This rare assemblage features 12 single-story duplexes, all constructed in 2019, offering modern design and durable siding exteriors. With all buildings situated contiguously, the property benefits from ease of management and potential strong curb appeal.
Multifamily | 24 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Lubbock, TXStabilized | $2.17M | $70K$70K | — |
 Lubbock, TXValue-add | $2.6M | $87K$87K | 6.8% |
 Lubbock, TXValue-add | $425K | $53K$53K | — |
 Lubbock, TXHigh yieldStabilized | $949K | $73K$73K | 7.8% |
 Lubbock, TXValue-add | $2.39M | $217K$217K | 2.7% |
 Lubbock, TXNew | $785K | $49K$49K | — |