- For Sale Contact for Pricing
- Property Type Multi-Family
- Property Size 38,660 SF
- Units 44
- Additional Rent Contact for pricing
- Year Built 1970
- Date Updated Oct 24, 2024
Oak Terrace is located in Littlefield, TX which is about 30 minutes northwest of Lubbock, TX. This is located across the street to the east of Littlefield High School. Littlefield is the county seat of Lamb county. The local economy is made up primarily of agriculture, and the top employers in the area are: Continental Dairy Services, Lowe’s Supermarket, Noltex Truss, and the Billy Clayton Detention Center.Oak Terrace is a 44 unit apartment community located in Littlefield, Texas. This property has a combination of one bedroom and two bedroom units. Additionally, tenants have access to laundry facilities on site and a shimmering pool. Oak Terrace experiences high occupancy and stable operations giving investors a chance to seize an excellent opportunity in West Texas.
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Attachments
Highlights
- Opportunity to recapture 75% of utilities through implementing RUBS.
- Opportunity to increase income by reopening the 2nd laundry facility on site.
False
Contacts
Location
Getting Around
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Walk Score ®
47/100
Car-Dependent
-
Bike Score ®
40/100
Somewhat Bikeable
Powered by Walk Score ®
- City Littlefield, TX
- Zip Code 79339
Points of Interest
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Littlefield High School
0.15 miles
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Littlefield Instructional Center
0.66 miles
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Littlefield Primary School
0.72 miles
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Littlefield Junior High School
0.81 miles
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Littlefield Elementary School
0.82 miles
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Amherst School
8.07 miles
Frequently Asked Questions
How much does Oak Terrace cost?
The sale price for Oak Terrace is available upon request. Contact the listing broker for more information.
What is the total square footage of Oak Terrace?
Oak Terrace totals 38,660 square feet.
When was this property built?
Oak Terrace was built in 1970.
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Contact Listing Broker
Greg Brownd
The Go-Getters Multifamily with KW Commercial