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Lubbock is the 10th most populous city in the state of Texas and the 85th most populous city in the United States. The city’s nickname of “Hub City” derives from its position as the economic, educational, and healthcare hub of West Texas.
Year Built: 1985
Total Units: 224 Units
Net Rentable Area: 181,602 SF
Average Unit Size: 811 Sf
Lot Size: 10.0 Acres
Occupancy: 88%
Building Type: Two-story walk-up
Average Effective Rent: $806 per Unit ($0.99 per sq ft)
Number of Buildings: 21 Two-story, Garden Style buildings with a leasing office and three maintenance shops
Community Amenities: Two swimming pools, grass courtyards, social area with grills
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Lubbock has several major hospitals and healthcare facilities, including Covenant Health and University Medical Center. These facilities serve a large population and are major employers in the region.
Lubbock is home to Texas Tech University which has a student population of over 42,000. The university attracts students from around the country and the world, which is a key factor for housing, transportation, and other goods and services.
Lubbock is in the Permian Basin, one of the most productive oil and gas regions in the world. The region is home to many oil and gas companies and their employees and is one of the major drivers of its economy.
Lubbock is situated in the heart of Texas’ cotton-growing region, making it a hub for agricultural activity. As such, demand for agricultural equipment, supplies, and services is high in the region.
Of the major cities in Texas with a population over 300,000. Lubbock is at the top percentile for cost-of-living affordability and best cities for families with kids
