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Buy&Hold Cashflow Portfolio: 6 SFRs and 2 Duplexes, Lubbock, TX - Deal Available

Single Family Rental Portfolio Investment Opportunity



416 40th St., Lubbock, TX 79404

3223 Amherst St., Lubbock, TX 79415



705 E. Fordham, Lubbock, TX 79415



3306 E. Cornell, Lubbock, TX 79415



3411 E 18th St., Lubbock, TX 79403


DUPLEXES



2420 E 10th St., Lubbock, TX 79403



1511 52nd St., Lubbock, TX 79412


Acquisition Price:

$784,000


10 Unit Rental Portfolio


Great opportunity to invest in the great State Of Texas. This portfolio consists of 6 single family homes and and 2 Duplexes. All units are 100% occupied.

Total Rent Income: $6,200 a month - $74,400 a year

After Rent Raises: $6,480 a month

Total Portfolio Price: $735,800


2022 Rent Increases:

705 E Fordham from 475 to 525

2420 E 10th (a duplex) to 595/side

3223 Amherst from 850 to 895

416 40th raise from 675 to 695

1511 52nd Street we are holding off but can raise to 750 on the front and 350 on the back.


Portfolio Photos / Rent Roll:

https://photos.app.goo.gl/SdVRVn9ej3Tn4kZG9


Property Addresses & Individual Pricing:

416 40th St Lubbock TX, 738 sqft/ 2 bed 1 bath - 88.4k

3223 Amherst St Lubbock TX, 1113 sqft/ 3 bed 1 bath - 104k

705 East Fordham Lubbock TX, 1108 sqft/ 2 bed 1 bath - 66.4k

2005 E 6th St Lubbock TX, 1044 sqft/ 2 bed 1 bath - 85.4k

3306 East Cornell Lubbock TX, 1168 sqft/ 3 bed 1 bath - 93.4k

3411 East 18th St Lubbock TX, 936 sqft/ 3 bed 1 bath- 95.4k

DUPLEX

2420 East 10th St Lubbock TX, 1200 sqft - 147.4k (Unit A) 1 bed / 1 bath - (Unit B) 1 bed / 1 bath

1511 52nd St Lubbock TX, 1400 sqft - 135.4k (Unit A) 2 bed / 1 bath (Unit B) 1 bed / 1 bath






For more information and to submit your offer, please email us at sarter@promiselandrealtyllc.com Offer Deadline 3/18/22 at midnight.



"Brick by Brick"




PROMISE LAND REALTY, LLC

Work: 864-762-2509

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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