25-Unit Multifamily in Lubbock, TX
TX · listed Oct 29, 2026 (1 day)
- $/unit
- $260,000
- ▲ 160% vs TX · 91st pct
- Cap rate
- 5%
- ▼ 2.3 pts vs TX median
- Gross yield
- 9.2%
- Units
- 25
- 2022
Financials
- Asking price
- $6,500,000
- Price per unit
- $260,000
- Price per sq ft
- $3,171
- Gross rent / year
- $600,108
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 5%
- Gross yield
- 9.2%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 25
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2022
- Building size
- 2,050 sq ft
- Avg unit size
- 82 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 29, 2026
- Days on market
- 1 day
- On MultifamilyRadar
- Oct 30, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2268
About this property
Don't miss this INCREDIBLE investment opportunity. This 25-home single-family rental portfolio in Lubbock's Willowbend Villas community is 100% occupied and ready for a new owner. A few quick highlights: - 25 single-family homes, 100% leased - Majority new construction (2022-2023), concentrated along Kenwood & Kirksey Avenue - $600,108 in current annual rent / $606,744 at market - Approx. 5% all-in NOI cap rate (taxes and insurance included), 9.34% gross yield - Existing professional property management in place, no HOA, tenant-paid utilities Call the listing agent for the full buyer information packet with the unit-level rent roll, lease schedule, and return metrics.
Location
Approximate area. The exact address is shared on request.
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