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Milestone Realty Group-Commercial

Name: Milestone Realty Group-Commercial
Address: Lubbock, TX, 79413, US
Telephone: +18065037301
Price range: Not applicable

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United States
Lubbock, TX
Milestone Realty Group-Commercial

We are a Texas based team providing a fresh, collaborative approach to commercial real estate.

Commercial transactions have a lot of moving parts, but going the extra mile to guarantee satisfaction is what we do.

12/29/2023

Welcoming to the market, The Gates Apartments. Located on 5005 Avenue W this property is perfect for rentable space. It offers 12 Units and 8,400 square footage.
If this property catches your eye, get in contact with us and we will be more than willing to help you out!

12/27/2023

Looking for an abundance of rentable space? We have you covered here at Milestone. The 51st quads offers a set of 10 quadplexes, 40 units, and 43,280 rentable square footage.
If interested get in communication with us and one of us here at Milestone would love to help you out!!

11/23/2023

We wanted to wish you and your family a very Happy Thanksgiving!!
We hope you are enjoying some much-needed family time and devouring all the amazing food!!!

10/31/2023

Milestone Commercial Group is pleased to present the HUB Four! The HUB Four is a unique investment opportunity in Lubbock, Texas. With a diverse unit mix, the portfolio is made up of the following:

1. Maxey Park Apartments
Address: 4345 28th St, Lubbock, TX 79410
Units: 53
Purchase Price: Price By Market

2. Maplewood Apartments
Total Units: 20 (2 bedrooms/1 bathroom(7), 1 bedroom/1 bathroom(13).
Size: 14,400 sqft
Year Built: 1965
Price: Price By Market

3. Ventura Flats Apartments
Location: 2415 Quinton Ave, Lubbock, TX 79410
Units: 44(1/1)
Size: 27,950 sqft
Price: Price By Market

4. Everstone Quadplexes
Address(es): 5602-5616 Brownfield Dr, Lubbock, TX
Units: 60
Asking Price: Price By Market

05/15/2023

📊 Attention Investors! 📊

🏢 Discover the Power of DSCR for Your Real Estate Investments! 💼💰

💡 Have you heard about Debt Service Coverage Ratio (DSCR)? It's a critical financial metric that savvy real estate investors use to assess the profitability and risk of an investment property. Let's dive into the world of DSCR and why it matters! 💡

📈 DSCR measures the property's ability to generate enough cash flow to cover its debt obligations, including mortgage payments and other operating expenses. It provides valuable insights into the property's financial health and helps determine its potential for sustainable and profitable returns. 🏦💵

✅ A DSCR of 1 or higher indicates that the property's cash flow is sufficient to cover its debt obligations, giving investors confidence in the property's ability to generate positive cash flow. The higher the DSCR, the stronger the property's financial position.

❌ On the other hand, a DSCR below 1 suggests that the property's cash flow may not be enough to cover its debt obligations. This can be a red flag for investors, indicating higher risk and potential challenges in meeting financial obligations.

🌟 By analyzing the DSCR, you gain a comprehensive understanding of the property's financial performance and can make more informed investment decisions. It's a valuable tool to assess the investment's profitability, evaluate risk, and secure financing options. 🌟

💼 Whether you're a seasoned investor or just starting out, understanding and calculating DSCR is crucial for successful real estate investing. It helps you identify opportunities with strong cash flow potential and mitigates financial risks. 💼

📚 Ready to learn more about DSCR and its impact on your real estate investments? Reach out to our team team who can guide you through the process and help you make smart investment choices. 📚

05/04/2023

Looking for the perfect space to grow your business? Our team at Milestone Commercial Group can help! We specialize in finding top-notch commercial properties to meet your unique needs. From retail spaces to multi family properties, we've got you covered. Plus, with our expert negotiating skills, you can trust that we'll help you get the best deal possible.

For lease or sale, these BEAUTIFUL garden offices located on Upland and 82nd could be the place your business calls home 😍. Want more info? Contact us today to schedule a consultation and take the first step towards your dream workspace or investment!

05/02/2023

Revitalizing our properties one unit at a time! Check out the progress of this transformation on one of our apartments. Our goal is renovate, rent, and increase our NOI, also known as Net Operating Income. Our commitment to improving our properties means a better living experience for our tenants and a smarter investment for our company.

Our latest renovation project is not only improving the aesthetic appeal of our properties, but also increasing the Net Operating Income. By investing in upgrades, we're able to attract more tenants and increase our revenue streams. Stay tuned for more stunning transformations!

04/20/2023

Examples of NOI Adds include:
-increasing rental rates
-reducing operating expenses
-improving property management
-adding value through renovations or upgrades such as laundry mats, electronic locks, Amazon apartment Hub Locker, etc.

NOI Adds can significantly increase the value of a property because they directly impact the net operating income, which is one of the key factors in determining the value of a commercial property. The higher the net operating income, the higher the property value.

For example, if an investor can increase the rental rates of a property, even by a small amount, it can lead to a significant increase in net operating income, and therefore, an increase in property value.

This is why property owners and investors often focus on implementing NOI Adds to improve the performance and profitability of their commercial properties. By increasing the net operating income, they can increase the value of the property and potentially generate more income or return on investment when it comes time to sell the property.
•••

02/14/2023

If you’ve been on the look out for some high acreage land for sale this listing is for you!

With a half section totaling to 317 acres you will have room to develop and dream up just about anything.

The land is priced at $14,500 per acre totaling to a purchase price of $4,596,500. Don't wait too long to jump on this desirable Texas land!

Reach out to us today to discuss all the incredible possibilities.
•••

02/09/2023

Located on Erskine Street just east of Frankford is the perfect land listing. The potential for these 3.5 acres is endless!

With the Uptown West neighborhood directly behind and a newly built Lubbock Police Station neighboring the land it will provide lots of passing of traffic.

Priced perfectly at $7.50 psf with a total purchase price of $1,143,450.
Reach out to us today for more info!
•••

02/02/2023

So much potential with this acreage on the busy corner of Upland and 19th Street.

Total of 12 Acres located at the corner of 19th and Upland. This parcel is located on the Levelland HWY with heavy daily traffic.

The land is zoned C-3, and TX-Dot reports an average daily traffic count of 20,565. This land would make for a great future home for a retail space, Gas station, or even a QSR. This land is priced at $10.50 psf.
•••

01/31/2023

Check out Milestone Commercial’s latest listing located on a desirable corner lot on the Idalou Highway.

This location is also in the Texas opportunity zone making it perfect for several different income producing avenues.

It features 6 self service car wash bays, vending machine for car cleaning supplies, money change machine and 7 vacuums.

The lot is .66 acres and could be a future land play with the hard corner located in a busy area.
TXDOT Traffic count is at 8,119 AADT.
•••

Address

Lubbock, TX
79413

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Telephone

+18065037301

Website

http://commercial.trustmilestonerealty.com/

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