Springtime Apartments

7303 Avenue X, Lubbock, TX 79423

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 24,768 SF
  • Units 24
  • Lot Size 56,628 Acre
  • Additional Rent Contact for pricing
  • Year Built 1984
  • Date Updated Oct 24, 2024
Springtime is located in Lubbock, TX one block south of Loop 289 and a block east of University. Lubbock has a population of apx. 270,000 and is the "Hub City" of the South Plains region. The area economy is driven by Texas Tech University, the hospitals which serve the region, and agriculture. Several large employers are located within a 5-10 drive from the property. There are plenty of retailers nearby and the residents here have multiple dining options within walking distance.Springtime is a 24 unit, mid 80s construction property that has an even mix of one and three bedroom units. It's brick construction and the roofs have recently been replaced. The one bedroom units include stackable washers/dryers and the three bedroom units have connections for them. The top three things that the new buyer could do to improve the NOI is to start charging for washers/dryers, stop providing free cable, and start billing back for the water/sewer/trash bill - like the other properties in the area. This is a desirable property, especially since it offers 3 BR townhome style units that aren't very common in the market.

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Attachments

Highlights

  • Assumable financing available
  • Convenient location with easy access to loop and South Lubbock
  • Good unit mix with one and three bedroom units
  • Easy low capital investment value add opportunities

Contacts

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial

Location

Getting Around

  • Walk Score ®

    53/100 Somewhat Walkable

  • Transit Score ®

    20/100 Minimal Transit

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lubbock, TX
  • Neighborhood Waters
  • Zip Code 79423
  • Market Lubbock

Points of Interest

  • Phillips 66

    0.54 miles

  • Alon

    0.56 miles

  • Valero

    0.61 miles

  • Bolton

    0.64 miles

  • Circle K

    1.28 miles

  • SPEC ChargePoint Station

    5.19 miles

  • Tesla Supercharger

    5.50 miles

  • Residence Hall Parking - Lot Z3

    3.59 miles

  • Flint Ave Garage

    3.69 miles

  • Goin' Band Practice Area

    3.69 miles

  • Lot C17

    3.84 miles

  • Lot R07

    3.85 miles

  • American State Bank Parking

    3.86 miles

  • Lot R09

    3.90 miles

  • vacant

    3.90 miles

  • City of Lubbock parking

    3.93 miles

  • Studio 6

    0.49 miles

  • WoodSpring Suites Lubbock South

    0.95 miles

  • Villa Town

    1.21 miles

  • Red Roof Inn & Conference Center

    1.24 miles

  • Motel 6 Lubbock

    1.27 miles

  • Super 8 by Wyndham Lubbock TX

    1.31 miles

  • Holiday Inn Express Lubbock South

    1.31 miles

  • La Quinta Inn & Suites Lubbock South

    1.32 miles

  • Country Inn & Suites

    1.47 miles

  • Quality Inn & Suites

    1.47 miles

  • McDonald's

    0.12 miles

  • Wendy's

    0.27 miles

  • Wienerschnitzel

    0.28 miles

  • Burger King

    0.35 miles

  • Lubbock's Breakfast House

    0.36 miles

  • DQ Grill & Chill

    0.36 miles

  • It's Greek to Me

    0.37 miles

  • Rise N Shine Donuts

    0.37 miles

  • Dunkin' Donuts

    0.40 miles

  • Cancun

    0.42 miles

  • Waters Elementary School

    0.80 miles

  • Roberts Elementary School

    0.92 miles

  • Bayless Elementary School

    0.94 miles

  • Parsons Elementary School

    1.13 miles

  • Atkins Middle School

    1.15 miles

  • Richard M. Burn Academy

    1.45 miles

  • Jayne Ann Miller Elementary

    1.49 miles

  • Harmony Science Academy of Lubbock

    1.56 miles

  • Hodges Elementary School

    1.65 miles

  • Honey Elementary School

    1.86 miles

  • Playhouse and Learning Station

    0.56 miles

  • Shelby & Friends Day Care Center

    0.85 miles

  • Tree House Children's Academy

    2.12 miles

  • Christ the King ECDC

    2.21 miles

  • Mrs. O's Learning Academy at Tech

    2.59 miles

  • Kidz Kare Too

    2.85 miles

  • Stepping Stones

    2.98 miles

  • Boardwalk

    3.08 miles

  • Miss Robin's Day School

    3.43 miles

  • Achievers Learning Center

    3.47 miles

Frequently Asked Questions

How much does Springtime Apartments cost?

The sale price for Springtime Apartments is available upon request. Contact the listing broker for more information.

What is the total square footage of Springtime Apartments?

Springtime Apartments totals 24,768 square feet.

When was this property built?

Springtime Apartments was built in 1984.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial