33 Property Package, Cash-Flowing
Property Description
CASH-FLOWING INVESTOR OPPORTUNITY - 33-PROPERTY PACKAGE! MEETS THE 1% RULE! Established income-producing package consisting of 32 single-family homes + 1 commercial office/shop. 30 located in Tulia, 2 in Plainview, 1 in Lubbock. Strong rental demand with numerous long-term tenants in place. The vast majority of the package is tenant-occupied or currently being marketed for rent, with only 2 of the 33 properties needing full renovation. The Lubbock property is already undergoing a full renovation. Additional value-add potential through lease-up and future rent increases. Multiple properties have documented improvements including roofs, sewer lines, water heaters and HVAC updates. Many properties are HUD eligible, and Tulia has two HUD programs available. Entire package or smaller packages may be considered. Detailed rent roll available upon execution of a Confidentiality Agreement. Have an investor looking for a cash-flowing rental package? Send them this opportunity!
Broker Details
Real Estate Just For You, LLC 806-790-0790
MLS ID: 812026470 State License Number: 0843584
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,799,000 |
| Year Built: | 1970 |
| Lot Size: | 37,028.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 88 |
| Number of Bathrooms: | 38 |
ID: 3yd-LAORTX-202600592
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