multiple addresses, Lubbock and Slaton, TX 79412

Income-Producing Portfolio – Lubbock & Slaton, TX

Exceptional opportunity to acquire a diversified, cash-flowing investment portfolio consisting of two apartment communities and one single-family rental. This package offers strong in-place income with upside potential through lease-up and operational efficiencies.

The portfolio includes a 13-unit apartment complex at 1610 45th Street in Lubbock featuring all 1 bed / 1 bath units, currently 10 of 13 units leased, providing immediate value-add potential. In Slaton, the offering includes a fully occupied 6-unit multifamily property at 1305 S. 9th Street in Slaton, along with a leased single-family residence at 315 S. 13th Street in Slaton delivering stable, consistent income.

With an overall 85% occupancy rate, investors benefit from both day-one cash flow and the opportunity to increase returns through stabilization of the remaining vacancy.

Total Annual Taxes: approximately $12,538.73

Private financing available with owner carry terms:

• Purchase Price: $1,300,000

• 40% Down: $520,000

• Seller Financing: $780,000

• Interest Rate: 6.50%

• Amortization: 30 years

• Balloon: 48 months

This is an ideal opportunity for investors seeking a balanced portfolio with immediate income, favorable financing, and upside through lease-up in a strong rental market. Current Gross rents are $13,244 per month / $159, 928 per month.