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2802 North Quaker Avenue

Lubbock TX 79415

48
22
19211 sq. ft.
18000 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This Lubbock 18-Home SFR Portfolio blends in-place cash flow with clear value-add upside across well-located single-family rentals. Many homes perform at or above the 1% rule, with several units benefiting from state-funded, guaranteed rents. Priced between ~74-83% of market value, the portfolio features broad recent improvements—new roofs (2021-2023), electrical overhauls, plumbing/drain replacements, mini-split installs, and targeted cosmetic updates—reducing near-term capital needs. With under-market rents on select addresses and dependable tenancy across the board, investors can capture solid returns today and unlock additional NOI through rent normalization and light, targeted upgrades.

Features

48 bedrooms
22 bathrooms
19211 sq. ft. floor area
18000 sq. ft. lot size
Multi-Family

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