The Grant Agency is proud to present Raider's Court, a 32 unit multifamily complex located in the heart of Lubbock, TX. Originally built in 1964, this property has undergone extensive renovations since 2019 (summarized below). This investment offers new ownership the opportunity to take over a newly renovated property and sign new leases at full market rate. Prior mismanagement and the effects of Covid-19 caused this property to struggle during the lease-up phase, resulting in low current occupancy. Due to these factors, this property is valued on a comparison approach rather than solely an income approach.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
