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)
134 reviews - Triple J Chophouse & Brew (4.35 mi)
519 reviews - The West Table (3.96 mi)393 reviews
- Claraboya Scratch Kitchen & Bar (3.69 mi)48 reviews
Hospitals
- UMC Health System (4.93 mi)
51 reviews - Covenant Health (5.58 mi)
32 reviews - Texas Tech Physicians of Lubbock (4.82 mi)
3 reviews - GRACE SURGERY CENTER (6.44 mi)
1 reviews
Park
- Wagner Park (5.57 mi)2 reviews
- Lubbock Lake Landmark (3.43 mi)7 reviews
- Tech Terrace Park (5.6 mi)
2 reviews - Maxey Park (6.29 mi)
6 reviews
Convenience Stores
- Love's Travel Stop (0.22 mi)2 reviews
- Market Street (6.06 mi)58 reviews
- Endzone Liquor (4.26 mi)8 reviews
- Allsup's Express (4.41 mi)2 reviews
Shopping Malls
- South Plains Mall (8.78 mi)42 reviews
- KK's Corner Mall (7.94 mi)14 reviews
- Dillard's (8.78 mi)14 reviews
- Barnes & Noble (8.77 mi)11 reviews
Gas Stations
- Love's Travel Stop (0.22 mi)2 reviews
- Flying J Travel Center (3.33 mi)7 reviews
- Market Street (6.06 mi)58 reviews
- Budget Truck Rental (0.83 mi)19 reviews
Stores
- Love's Travel Stop (0.22 mi)2 reviews
- The Ash (4.51 mi)2 reviews
- Walmart Supercenter (3.77 mi)32 reviews
- Allsup's Express (4.41 mi)2 reviews
Grocery
- Market Street (6.06 mi)58 reviews
- La Super Carniceria Meat Market (3.29 mi)6 reviews
- Walmart Supercenter (3.77 mi)32 reviews
- Dollar General (4.7 mi)1 reviews
Veterinary Care
- 82nd St Veterinary Clinic (8.97 mi)31 reviews
- Hub City Veterinary Clinic (12.28 mi)9 reviews
- Live Oak Animal Hospital (10.67 mi)66 reviews
- Kingsgate Animal Hospital (9.53 mi)3 reviews
Education
- Texas Tech University (4.86 mi)33 reviews
- Security Maintenance (7.27 mi)1 reviews
- Lubbock Christian University (7.29 mi)5 reviews
- TEGA Kids (9.42 mi)7 reviews
