MLS ID: 20504330
Apex Sports & Event Center in Lubbock, Texas, is a prime investment opportunity. With a 73,280 sq ft facility on 10.1 acres, it features four hardwood multi-use courts, ideal for diverse sports events. Fully leased at 100%, it’s expected to generate a net operating income of $300,350 in 2023, bringing in a solid 6.26% cap rate. Strategically located in an area expecting a population of over 105,000 and a median household income of $112,300, this center offers a major foothold in Lubbock’s sports and event industry. Act now to secure your investment in this thriving market!