Single Family Investment Opportunity
Price
$10,200,000
OFF-MARKET 84-UNIT SINGLE-FAMILY & MULTIFAMILY PORTFOLIO - TEXAS
Price: $10,200,000
Cap Rate: 8.03%
NOI: $819,033
Team Promiseland presents an exclusive off-market 84-unit single-family and multifamily portfolio spread across high-growth markets in Texas. This turnkey and value-add portfolio offers a diverse mix of stabilized and light value-add properties, providing investors with both strong cash flow and long-term appreciation potential.
Financial Info Spreadsheet:
Investment Highlights:
Portfolio Price: $10,200,000
Cap Rate: 8.03%
Net Operating Income (NOI): $819,033
Diverse Asset Class:
Single-Family Homes (SFRs)
Duplexes
Quadplexes
Small Apartment Complexes
Current Occupancy: Strong mix of occupied and light value-add properties
Annual Gross Potential Rent: Over $1,145,400
Proven Rental Income: Properties generating stable rental income with upside potential
Strategic Locations: Situated in prime rental markets in Lubbock, Slaton, Idalou, and Buffalo Springs, TX
Updated Individual Property Pricing:
Notable Adjusted Property Prices: (Adjusted to portfolio pricing at $10,200,000)
1010 Hyden Ave, Lubbock, TX - $232,000 (8.15% CAP)
1040 W Division A & B, Slaton, TX - $151,000 (10.27% CAP)
1614 Ave L, Lubbock, TX (Quadplex) - $247,000 (11.6% CAP)
1902 Kewanee & 6302 20th St, Lubbock, TX (Apartments) - $1,475,000 (8.47% CAP)
5708-5720 Brownfield Dr, Lubbock, TX (28 Units) - $2,820,000 (8.03% CAP)
1717 48th St, Lubbock, TX (30 Units) - $2,080,000 (8.12% CAP)
(Full detailed pricing available upon request.)
Property Map
Submission Process:
All offers and inquiries must be submitted directly to:📧 investments@promiselandrealtyllc.com
TEAM PROMISELAND DISCLAIMER:
No one is permitted to market this property list without express written permission or membership in TEAM PROMISELAND affiliates. Unauthorized use of property details or lists incurs a $500 fine per occurrence.
This is a confidential off-market opportunity. Proof of funds (POF) or lender pre-approval is required for all offers. Serious inquiries only.
For further details or to schedule a discussion, contact us today!
"Your #1 Source for Off Market Real Estate Properties, Nationwide"
PROMISE LAND REALTY, LLC
Work: 248- 416-2574
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. 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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