www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31120476

6 Locations For Sale

Mitley, LLC
Listed by Mitley, LLC
$684,000
123 days on market
Updated 27 days ago

Lubbock | 6 Single Family Portfolio | 100% Occupied

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 6,557
Net Rentable (SqFt) 6,557
Units 6
Cap Rate 9.06%
NOI $61,974
Occupancy 100%
Pro-Forma Cap Rate 11.05%
Pro-Forma NOI $75,562
Price per SqFt $104
Broker Co-Op Yes
Class B
Buildings 6
Investment Type Stabilized
Ownership Fee-simple

SFR Portfolio | 6 Houses | 9.06% CAP

Marketing description

For sale 6 single family residence portfolio spread around Lubbock. We are thrilled to present a new investment opportunity in Lubbock. All houses are occupied and cash-flowing, offering a Buyer immediate cash flow.

The package can be sold together or split separately. The portfolio provides value-add opportunities for a new investor through simple cosmetic upgrades that can lift rents. In the alternative, the portfolio, in its current condition, provides above-market returns.

The portfolio is professionally managed by the owner. All tenants must earn a minimum of 3x the rent and must never have been evicted before. Most contracts are auto-renewing annual contracts.

Tours: We encourage buyers to drive by each property. Tours will be arranged upon acceptance of an offer.

Listing Contacts

Mitley, LLC
Listed by Mitley, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$61,974.00
$5,164.50/mo

Valuation Metrics

0
DSCR
9.06%
Cap Rate
9.06%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591