tomo logo

$550,000

Beds
1
Baths
1.0
sq ft
7,955

6505 Avenue Q, Lubbock, TX 79412

6505 Avenue Q

Lubbock, TX 79412

  • 108 days on market
    • Price drop $25,000↓
Investor alert! 12 unit apartment complex for sale. This will make a great investment property for those investors looking to make the jump from single family to multi family units! Call today!

Details

Property type

Lot size

0.4166 acres

Price per sq ft

$70

Year built

1974

Price History

12/04/2024
Lubbock

Lubbock #202413037

Price change
$550,000
-4.35%
10/09/2024
Lubbock

Lubbock #202413037

Price change
$575,000
-4.17%
09/11/2024
Lubbock

Lubbock #202413037

Listed
$600,000

Schools & Community

Neighborhood: 

Baylees-Atkins

Elementary school: 

Bayless

Middle school: 

Atkins

High school: 

Monterey

School district: 

Lubbock ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Relf 1 Llc

Loan start date

April 2022

Original loan amount

$511,000

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Commercial

Seller

Tata Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/28/2024 at 5:50 AM

Listing updated: 12/04/2024 at 7:04 PM

Listed by: Jim Tidwell, Caprock Realty Group

MLS: Lubbock #202413037

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