Property History
Property Type
Property Type
Marketing Description
The CBC Texas Multifamily Group has been exclusively retained by Seller in connection with the sale of Arbor Gardens Apartments. Arbor Gardens Apartments is well located, just minutes away from Texas Tech, dining, entertainment, and downtown Lubbock. This gated community consists of 41 units and was built in 1970. The construction type is two-story brick garden style. Property amenities include large walk-in closets, wood vinyl flooring, on-site laundry, large swimming pool, beautiful landscaping, gated community, covered parking, friendly and professional on-site management, and full time maintenance.
Additional amenities include air conditioning/heating, dishwasher, disposal, refrigerator, balcony, tub/shower combo and fireplace.
Units average 809 square feet and include dishwasher, disposal, range, oven, refrigerator, carpet/vinyl flooring, dining room, walk-in closet, linen closet, window coverings, large bedrooms, balcony, patio, and grill. There are 4 unique floorplans that range from 1,177 sq. ft. to 1,560 sq. ft.
Investment Highlights
- Value-Add Opportunity
- Upgraded Units
- Beautiful Courtyard
- Large Units
- Great Amenities
- Good Proximity to Retail
- Good ingress/egress
- Gated community
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Map
Comparable Properties
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