JTACR Real Estate Group is pleased to present Covington Courts Mobile Home Community: a 70-site community located in Lubbock, TX.
The community is advantageously positioned directly off of I-27 Frontage Road And Inside an Opportunity Zone, providing excellent accessibility to the entire region as well as providing the Opportunity Zone tax advantages.
In addition, Covington Courts is situated with City hookups for both Water and Sewer.
Current ownership features below market rents, as well as the upside of filling currently vacant pad sites, thereby presenting investors with the opportunity to acquire an immediate value add opportunity with significant upside.
This property is being offered by itself for $900,000. If purchased with it’s sister community (combined total of 170 lots), the combined purchase price offering will be $1,500,000 ($8,823 per pad).
Contact a representative for the full packets for both communities.
What's Nearby?
Restaurants
- The Escondido Grill (0.61 mi)
115 reviews - Triple J Chophouse & Brew (4.35 mi)
492 reviews - Snooze, an A.M. Eatery (4.05 mi)
3 reviews - Cast Iron Grill (4.35 mi)296 reviews
Hospitals
- UMC Health System (4.93 mi)
48 reviews - Covenant Health (5.58 mi)
31 reviews - GRACE SURGERY CENTER (6.44 mi)1 reviews
- Lubbock Heart Hospital (5.41 mi)4 reviews
Park
- Wagner Park (5.57 mi)2 reviews
- Lubbock Lake Landmark (3.43 mi)
8 reviews - Mackenzie Park (3.02 mi)4 reviews
- Prairie Dog Town (2.91 mi)32 reviews
Convenience Stores
- Market Street (6.12 mi)56 reviews
- Endzone Liquor (4.26 mi)8 reviews
- Walgreens (3.77 mi)
7 reviews - United Supermarkets (6.07 mi)10 reviews
Shopping Malls
- South Plains Mall (8.78 mi)
41 reviews - KK's Corner Mall (7.94 mi)13 reviews
- Dillard's (8.78 mi)14 reviews
- Victoria's Secret (8.78 mi)4 reviews
Gas Stations
- Love's Travel Stop (0.22 mi)2 reviews
- Flying J Travel Center (3.33 mi)7 reviews
- Stripes (3.58 mi)3 reviews
- Market Street (6.12 mi)56 reviews
Stores
- Love's Travel Stop (0.22 mi)2 reviews
- Lubbock Downtown Farmer's Market (4.41 mi)3 reviews
- The Matador (4.4 mi)
2 reviews - United Supermarkets (3.36 mi)1 reviews
Grocery
- Market Street (6.12 mi)56 reviews
- United Supermarkets (6.07 mi)10 reviews
- Amigos (3.53 mi)8 reviews
- La Super Carniceria Meat Market (3.27 mi)6 reviews
Veterinary Care
- Oden Veterinary Hospital (10.1 mi)10 reviews
- Hub City Veterinary Clinic (12.28 mi)10 reviews
- Caprock Veterinary Clinic (9.08 mi)7 reviews
- Bozeman Animal Clinic (7.56 mi)5 reviews
Education
- Texas Tech University (4.86 mi)32 reviews
- Security Maintenance (7.27 mi)1 reviews
- Lubbock Christian University (7.29 mi)5 reviews
- TEGA Kids (9.42 mi)6 reviews
