The Dylan

4501 Brownfield Dr, Lubbock, TX 79410

  • For Sale Contact for Pricing
  • Property Type Multi-Family
  • Property Size 49,701 SF
  • Units 122
  • Lot Size 1.77 Acre
  • Additional Rent Contact for pricing
  • Year Built 1975
  • Date Updated Dec 10, 2024
Located at 4501 Brownfield Drive, the Dylan Apartments offer an attractive investment opportunity in one of Lubbock’s most strategic locations. Positioned just 3 miles from Texas Tech University, which boasts an enrollment of over 40,000 students, this property is situated to capitalize on the continuous demand for student housing. In addition, the property is located only 1.5 miles from Covenant Health, one of the largest and most respected hospital systems in the region. Covenant Health employs thousands of healthcare professionals and serves as a critical healthcare hub, making the Dylan Apartments an attractive option for hospital staff seeking nearby housing.The Dylan Apartments consist of 122 units, primarily one-bedroom and efficiency units, perfectly aligned with the demographic needs of the area. These unit types cater directly to the large student population at Texas Tech University and professionals working at Covenant Health, ensuring strong occupancy rates and consistent demand. The property also features a designated leasing office, streamlining management operations, and a well-maintained laundry room with property-owned machines—an attractive value-add opportunity for additional income. With its location and thoughtful unit mix, the Dylan Apartments is a solid investment poised to deliver long-term returns.
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Attachments

Highlights

  • Assumable Debt with attractive leverage and full term IO.
  • Opportunity to takeover a recently renovated property at a value add basis.
  • Within 1.5 miles of covenant hospital system.
  • Within 3 miles of Texas Tech University home to over 40,000 enrolled students.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Location

Getting Around

  • Walk Score ®

    61/100 Somewhat Walkable

  • Transit Score ®

    22/100 Minimal Transit

  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Lubbock, TX
  • Neighborhood Coronado
  • Zip Code 79410
  • Market Lubbock

Points of Interest

  • Phillips 66

    0.43 miles

  • Alon

    0.80 miles

  • Valero

    0.91 miles

  • Murphy Express

    1.26 miles

  • Bolton Service Station

    1.28 miles

  • Circle K

    1.93 miles

  • SPEC ChargePoint Station

    4.27 miles

  • Tesla Supercharger

    4.70 miles

  • vacant

    0.10 miles

  • Commuter Parking - Lot S1

    1.11 miles

  • Lot C17

    1.15 miles

  • Commuter Parking - Lot S2

    1.27 miles

  • Lot F-0

    1.38 miles

  • Lot F-1

    1.42 miles

  • Lot F-2

    1.50 miles

  • Hawthorn Suites by Wyndham Lubbock

    0.09 miles

  • Studio 6 Lubbock, TX - Medical Center

    0.14 miles

  • La Quinta Inn & Suites

    0.42 miles

  • Americas Best Value Inn Medical Center Lubbock

    0.55 miles

  • Guesthouse Inn & Suites

    0.58 miles

  • Days Inn & Suites by Wyndham Lubbock Medical Center

    0.62 miles

  • SureStay Plus Hotel

    0.66 miles

  • Comfort Suites University

    0.69 miles

  • Woodrow House Bed & Breakfast

    1.89 miles

  • Staybridge Suites

    2.06 miles

  • Einstein Bros. Bagels

    0.16 miles

  • Gilbert's Bar & Grill

    0.21 miles

  • Pho District

    0.39 miles

  • Pizza Hut

    0.41 miles

  • Chicken Run

    0.43 miles

  • Five Guys

    0.49 miles

  • Abuelo's Taqueria

    0.49 miles

  • Bigham's Smokehouse

    0.52 miles

  • Bangkok Restaurant

    0.56 miles

  • Samburgers

    0.58 miles

  • Commander William C. McCool Academy

    0.30 miles

  • Coronado High School

    0.72 miles

  • Overton Elementary School

    0.72 miles

  • Rush Elementary School

    0.93 miles

  • Maedgen Elementary School

    1.37 miles

  • Stewart Elementary School

    1.44 miles

  • Vocational Training Center

    1.49 miles

  • Texas Tech Health Sciences Center

    1.52 miles

  • Vista College

    1.53 miles

  • Mackenzie Middle School

    1.59 miles

  • Achievers Learning Center

    0.59 miles

  • Treehouse Children's Academy

    1.30 miles

  • Wee Care Child Center

    1.52 miles

  • Mrs. O's Learning Academy at Tech

    1.58 miles

  • Christ the King ECDC

    1.92 miles

  • Kidz Kare Too

    2.11 miles

  • Boardwalk

    2.11 miles

  • Stepping Stones

    2.12 miles

  • Miss Robin's Day School

    2.26 miles

  • Creative Learning Center Preschool

    3.07 miles

Frequently Asked Questions

How much does The Dylan cost?

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

What is the total square footage of The Dylan?

The Dylan totals 49,701 square feet.

When was this property built?

The Dylan was built in 1975.

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