Southern Cross

1510 S 9th St, Slaton, TX 79364

  • For Sale Contact for Pricing
  • Property Type Multi-Family
  • Property Size 14,381 SF
  • Units 28
  • Lot Size 2.63 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1970
  • Date Updated Jun 28, 2024
Southern Cross is a 28 unit property located in Slaton TX, about 20 minutes southwest of Lubbock on US Hwy 84. Slaton's population is apx. 6,000 people. Lubbock county's population is apx. 317,000.Southern Cross is a one-story property has 15-1 bedroom units and 13-2 bedroom units. The property has pitched metal roofs, washer/dryer connections in each unit, covered front porches, and provides residents with affordable housing options within close proximity to Lubbock. Rents are over $100 under market compared to the other market rate complex in town.

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Highlights

  • Rents are $118 under market on 1br and $156 under on 2br
  • Maximize NOI by continuing to recoup utility costs
  • Asking price less than $36k/unit

Contacts

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent

  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Slaton, TX
  • Neighborhood Slaton
  • Zip Code 79364
  • Market Lubbock

Points of Interest

  • CEFCO

    0.17 miles

  • Chillerz

    0.65 miles

  • Falcon Fuels

    1.09 miles

  • United Express

    1.35 miles

  • Accent Shamrock

    1.85 miles

  • Valero

    2.14 miles

  • Slaton Harvey House

    1.26 miles

  • Knights Inn

    1.86 miles

  • Klemkes BBQ Joint

    0.08 miles

  • Pitforks & Smokerings BBQ

    0.23 miles

  • Gonzales Snowcones

    0.59 miles

  • Tastey Donut

    0.68 miles

  • Texas 1809

    0.88 miles

  • JJ's Cafe

    1.13 miles

  • Pizza Hut

    1.19 miles

  • Casa De Miguel

    1.21 miles

  • McDonald's

    1.31 miles

  • Sonic

    1.53 miles

  • Southland School

    0.21 miles

  • Slaton Junior High School

    0.36 miles

  • Stephen F. Austin Elementary School

    0.58 miles

  • Cathelene Thomas Elementary School

    0.85 miles

  • Evans High School

    0.91 miles

  • Saint Joseph School

    1.05 miles

  • Slaton High School

    1.21 miles

  • Saint Paul School

    8.64 miles

  • Grow With Me Learning Academy

    1.46 miles

Frequently Asked Questions

How much does Southern Cross cost?

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

What is the total square footage of Southern Cross?

Southern Cross totals 14,381 square feet.

When was this property built?

Southern Cross was built in 1970.

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Contact Listing Broker

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial