$11.48 Per Sq Foot $28,389 est/mo Sourced by Back At You

7806 76th Street,Lubbock, TX 79407

Lubbock TX, 79407

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Description

Apex Sports & Event Center in Lubbock, Texas, is a prime investment opportunity. With a 73,280 sq ft facility on 10.1 acres, it features four hardwood multi-use courts, ideal for diverse sports events. Fully leased at 100%, it's expected to generate a net operating income of $300,350 in 2023, bringing in a solid 6.26% cap rate. Strategically located in an area expecting a population of over 105,000 and a median household income of $112,300, this center offers a major foothold in Lubbock's sports and event industry. Act now to secure your investment in this thriving market!

Details

MLS#20504330
Listing TypeFor Sale
StyleOther Business Opportunity
Sub-TypeResale
StatusActive
Year2014
Days On Site140
Listing Provided ByMilestone Realty Group | Austin Williams

Features

SQ Feet435,644
Story(s)1
Units1
ZoningLow Density Single Family (SF-2)
Acreage10.00

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 3 minutes ago
StateTX
CountyLubbock
CityLubbock
Zip Code79407
AreaLubbock
Listing VS Median (in NA)
Price:
$5,000,000
low | high
Med:
$499,000
100% of Average
SqFt:
435,644
low | high
Med:
6,632
100% of Average
$ / SqFt:
$11
low | high
Med:
$101
100% of Average
On Site:
140
low | high
Med:
79.5
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 3:12:41 AM PDT