Lubbock Square Apartments

4602 50th Street, Lubbock, TX 79414

  • For Sale $10,750,000
  • Property Type Multi-Family
  • Property Size 123,848 SF
  • Units 124
  • Lot Size 5.44 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 248
  • Parking Ratio 2.25 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1974
  • Year Renovated 2020
  • Date Updated Nov 11, 2024
Nestled in the heart of Lubbock, Texas, Lubbock Square Apartments enjoys proximity to a vibrant array of local attractions and amenities. This bustling area offers a diverse range of dining, entertainment, and shopping options, including the Tech Terrace neighborhood, which is known for its charming bungalows and local hangouts. Investors will appreciate the property's convenient access to Texas Tech University, the South Plains Mall, and the Lubbock Christian University. With a blend of urban conveniences and a relaxed atmosphere, this location presents a compelling opportunity for multifamily/low-rise/garden investors seeking a prime foothold in the dynamic Texas market.Presenting an exceptional investment opportunity in the thriving Texas market, this multifamily property is a remarkable 123,848 SF building featuring 124 units. Boasting a 92.3% occupancy rate, this renovated property, originally built in 1974, offers a compelling blend of modern amenities and timeless charm. Strategically zoned MF-2, this attractive investment prospect promises a strong performance and enduring value. With a proven track record and significant upside potential, this property stands as a premier choice for multifamily/low-rise/garden investors seeking a solid foothold in the dynamic Texas real estate landscape.

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Highlights

  • - 123,848 SF building
  • - 124 units
  • - Built in 1974
  • - Renovated in 2020
  • - Zoned MF-2
  • - Located in Texas
  • - 92.3% occupancy

Contacts

broker

Raymond Lord

SVN | OAK Realty Advisors

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Transit Score ®

    24/100 Minimal Transit

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lubbock, TX
  • Neighborhood Stewart
  • Zip Code 79414
  • Market Lubbock

Points of Interest

  • Alon

    0.31 miles

  • Valero

    0.73 miles

  • EZ-Mart

    1.17 miles

  • Murphy USA

    1.48 miles

  • Phillips 66

    1.49 miles

  • Murphy Express

    1.60 miles

  • E-Z Mart

    1.64 miles

  • Tesla Supercharger

    3.58 miles

  • SPEC ChargePoint Station

    5.26 miles

  • vacant

    1.58 miles

  • East Welcome Center Parking

    2.30 miles

  • West Welcome Center Parking

    2.33 miles

  • Lot C17

    2.36 miles

  • Commuter Parking - Lot S1

    2.56 miles

  • Flint Ave Garage

    2.63 miles

  • Residence Hall Parking - Lot Z3

    2.70 miles

  • Commuter Parking - Lot S2

    2.73 miles

  • Extended Stay America

    1.15 miles

  • Comfort Suites University

    1.17 miles

  • Days Inn & Suites by Wyndham Lubbock Medical Center

    1.18 miles

  • Comfort Suites

    1.25 miles

  • Staybridge Suites

    1.34 miles

  • Embassy Suites

    1.35 miles

  • Studio 6 Lubbock, TX - Medical Center

    1.44 miles

  • Hawthorn Suites by Wyndham Lubbock

    1.56 miles

  • Homewood Suites

    1.58 miles

  • TownePlace Suites

    1.58 miles

  • Seoul

    0.06 miles

  • Sakura Noodle House & Sushi Bar

    0.10 miles

  • Taco Villa

    0.14 miles

  • Stella's

    0.18 miles

  • Saigon

    0.18 miles

  • Tokyo

    0.20 miles

  • Smokin J's

    0.20 miles

  • Subway

    0.22 miles

  • Whataburger

    0.23 miles

  • Little Caesars

    0.27 miles

  • Vista College

    0.06 miles

  • Stewart Elementary School

    0.28 miles

  • Virginia College

    0.53 miles

  • Williams Elementary School

    0.58 miles

  • Christ the King School

    0.74 miles

  • Maedgen Elementary School

    0.78 miles

  • Evans Middle School

    0.86 miles

  • Coronado High School

    1.02 miles

  • Commander William C. McCool Academy

    1.18 miles

  • Wester Elementary School

    1.25 miles

  • Kidz Kare Too

    0.64 miles

  • Christ the King ECDC

    0.77 miles

  • Achievers Learning Center

    0.89 miles

  • Mrs. O's Learning Academy at Tech

    1.87 miles

  • Ripley Do-Da's Learning Center

    2.19 miles

  • Wee Care Child Center

    2.31 miles

  • Treehouse Children's Academy

    2.46 miles

  • Stepping Stones

    2.71 miles

  • Boardwalk

    2.75 miles

  • Playhouse and Learning Station

    3.05 miles

Frequently Asked Questions

How much does Lubbock Square Apartments cost?

The space currently listed for sale at Lubbock Square Apartments asks for $10,750,000.

What is the total square footage of Lubbock Square Apartments?

Lubbock Square Apartments totals 123,848 square feet.

When was this property built?

Lubbock Square Apartments was built in 1974.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Raymond Lord

SVN | OAK Realty Advisors