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Apartments For Sale • 174,409 SF
| Property tours are available by appointment only. Please contact the listing broker to schedule. |
| The Park Tower apartments provide a value-add 15-story, 99-unit multifamily property near downtown Lubbock and less than five minutes off I-27. |
| Owner-managed since 2004 | Massive upside for an investor to use a new management strategy to complete deferred maintenance and increase occupancy. |
| Five local colleges and universities with more than 60,000 students, including Texas Tech with 43,000 undergraduates located just 1 mile away. |
| Sits in a thriving multifamily submarket, with rents growing more than 11% over the past three years and limited new deliveries. |
| 50% of the 5-mile population of more than 177,000 currently rent homes, providing a substantial pipeline of future residents. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Lubbock Preston Smith International | 23 min | - | 12.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 125 |
| Type: | Surface |
| Included in Rent: | Yes |
