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$2,800,000

5602 Brownfield Drive, Lubbock, TX, 79414

On MarketInfo
Just AddedInfo
Beds64 Beds
Baths32 Bath
Baths3,680 Sq Ft
Package PropertyPackage Property
price_per_sqft$760.87 / sqft
Year BuiltBuilt in 1991

Highlights

Interior

Bedrooms 64Bedrooms 64
Bathrooms 32Bathrooms 32

Exterior

Exterior FeaturesOther

Building Information

Garage Spaces32

About this property

Can be bought individually per quad or as a packaged deal in all or 2-8 units. Proof of funds or preapproval required before distrubing tenants. INVESTMENT OPPORTUNITY! 8 QUADPLEXES AVAILABLE — BUY ONE OR BUILD YOUR PORTFOLIO! Whether you're a seasoned investor looking to expand your rental portfolio or a first-time investor interested in house hacking, this is an opportunity worth exploring! Each quadplex is offered individually, with the flexibility to purchase multiple properties together in packages of 2 to 8 buildings. These updated properties feature an attached 1-car garage for every unit, a convenient Lubbock location, and strong existing occupancy, with nearly all units currently leased. Looking for an income-producing investment with tenants already in place? Or maybe you're interested in living in one unit while renting out the other three to help offset your mortgage? These properties offer plenty of possibilities! Buy one, buy a few, or purchase all eight! With up to 32 units available across the portfolio, this is a fantastic opportunity to grow your real estate investments. Rent Rolls Uploaded

Investor Tools

$0Estimated Mortgage Balance
$2,800,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,800 /month
Positive
Cash Flow Estimate:
$5,600 /month

Interested in this property?

Andi Dunlap

Black Pearl Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Lubbock

5602 Brownfield Drive | Property Details | No Agent List