Photos Coming Soon
Contact us for more details and photos
Home in Lubbock , TX
About This Property
OFF-MARKET | TEXAS | 175-Door Single-Family Rental Portfolio | 9% CAP | Value-Add | Creative ➕ Extremely rare opportunity to acquire a stabilized 175-door SFR rental portfolio in Lubbock, TX with major value-add potential and flexible creative financing options. This portfolio is professionally managed, 90% occupied, delivering $1.097M NOI with immediate upside through rent increases (currently ±20% below market). Highlights: • 175 Doors (150 SFRs + additional units) • 9% CAP on actuals • 2025 Projections: $1.795M GI – Contact for details Exp = $1.097M NOI • Stabilized & Turnkey: Long-standing property management in place • Value-Add Upside: Improve operations + increase rents • Tax Advantages: Strong depreciation + bonus depreciation benefits • FSBO Bonus: Contact for details to anyone who brings buyer to closing Creative Financing Structure: • Hybrid Deal Structure • $9.6M Loan at 7.48% (≈ $63K/mo) • $1.2M Seller Carry 2nd at 3% (≈ Contact for details/mo) • Multiple down-payment structures: – 10% down = 18% cash-on-cash return – 20% down = 10% cash-on-cash return – LLC purchase option + assumable debt available Price: $12,000,000 + fee Requirements: POF required for full financials Serious investors only. This is one of Texas’ strongest turnkey portfolio plays with built-in upside and flexible financing options.
Features & Highlights
Financing Details
Interested in This Home?
Fill out the form below and we'll reach out within 24 hours.
Similar Properties

4BR Home in Missouri City , TX

5BR Home in Spicewood , TX
