TEXAS MULTIFAMILY SPECIALISTS
At a glance, view the secondary markets we serve in Texas.
Dive deeper into each market and review the key facts in each city.
... and Much More
COMMERCIAL LISTINGS
PROPERTY VALUE
Client Stories
Pecos Pointe Apartments
Pecos Pointe Apartments is a 52 unit, two story, pitched roof, brick construction property located in Lubbock, TX. It has a mix of one and two bedroom units. The current asking rents average $567 and are about $120/unit below the other market rate properties within a 1.5 mile radius. ALN's latest rent survey shows Lubbock's November market occupancy at 92.1% and rent growth at 5.2% over last year.
Villa Del Sol Apartments
Villa Del Sol is an eight unit, two-story apartment building. The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
34th Apartments
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric on some units. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. This complex is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
Park Terrace Apartments
Park Terrace is a two-story courtyard style complex located in Lubbock TX
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
Courtyard Apartments
UNDER CONTRACT
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Colgate 5 Apartments
Under Contract
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
Kingdom Quarters
UNDER CONTRACT
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Pecos Pointe Apartments
Pecos Pointe Apartments is a 52 unit, two story, pitched roof, brick construction property located in Lubbock, TX. It has a mix of one and two bedroom units. The current asking rents average $567 and are about $120/unit below the other market rate properties within a 1.5 mile radius. ALN's latest rent survey shows Lubbock's November market occupancy at 92.1% and rent growth at 5.2% over last year.
Villa Del Sol Apartments
Villa Del Sol is an eight unit, two-story apartment building. The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
34th Apartments
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric on some units. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. This complex is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
Park Terrace Apartments
Park Terrace is a two-story courtyard style complex located in Lubbock TX
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
Courtyard Apartments
UNDER CONTRACT
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Colgate 5 Apartments
Under Contract
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
Kingdom Quarters
UNDER CONTRACT
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Pecos Pointe Apartments
Pecos Pointe Apartments is a 52 unit, two story, pitched roof, brick construction property located in Lubbock, TX. It has a mix of one and two bedroom units. The current asking rents average $567 and are about $120/unit below the other market rate properties within a 1.5 mile radius. ALN's latest rent survey shows Lubbock's November market occupancy at 92.1% and rent growth at 5.2% over last year.
Villa Del Sol Apartments
Villa Del Sol is an eight unit, two-story apartment building. The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
34th Apartments
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric on some units. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. This complex is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
Park Terrace Apartments
Park Terrace is a two-story courtyard style complex located in Lubbock TX
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
Courtyard Apartments
UNDER CONTRACT
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Colgate 5 Apartments
Under Contract
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
Kingdom Quarters
UNDER CONTRACT
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Pecos Pointe Apartments
Pecos Pointe Apartments is a 52 unit, two story, pitched roof, brick construction property located in Lubbock, TX. It has a mix of one and two bedroom units. The current asking rents average $567 and are about $120/unit below the other market rate properties within a 1.5 mile radius. ALN's latest rent survey shows Lubbock's November market occupancy at 92.1% and rent growth at 5.2% over last year.
Villa Del Sol Apartments
Villa Del Sol is an eight unit, two-story apartment building. The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
34th Apartments
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric on some units. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. This complex is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
Park Terrace Apartments
Park Terrace is a two-story courtyard style complex located in Lubbock TX
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
Courtyard Apartments
UNDER CONTRACT
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Colgate 5 Apartments
Under Contract
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
Kingdom Quarters
UNDER CONTRACT
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Pecos Pointe Apartments
Pecos Pointe Apartments is a 52 unit, two story, pitched roof, brick construction property located in Lubbock, TX. It has a mix of one and two bedroom units. The current asking rents average $567 and are about $120/unit below the other market rate properties within a 1.5 mile radius. ALN's latest rent survey shows Lubbock's November market occupancy at 92.1% and rent growth at 5.2% over last year.
Villa Del Sol Apartments
Villa Del Sol is an eight unit, two-story apartment building. The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. Villa Del Sol Apartments is a good opportunity for an investor who's willing to make a few minor changes to the property operations in order to increase NOI.
34th Apartments
The opportunity to increase net income on this property is by allocating utilities back to the tenants. The water, trash, sewer, and gas is master metered. The new owner could reduce expenses by implementing RUBS program and allocating these expenses like some of the other properties in the area. The current owner also pays for electric on some units. It is separately metered and the new owner could lower expenses by having tenants pay their own electric bills. This complex is a good opportunity for an investor who’s willing to make a few minor changes to the property operations in order to increase NOI.
Park Terrace Apartments
Park Terrace is a two-story courtyard style complex located in Lubbock TX
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
near 50th and University. Currently the property is operating as an all bills paid
property. The roof was replaced in 2020. This property has a Fannie Mae loan that needs to be assumed. Loan details are in the offering memorandum.
Courtyard Apartments
UNDER CONTRACT
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of forty 1BR units and
eight 2BR units. There is opportunity for rent growth and to start allocating utilities back to the tenant by implementing a RUBS system.
Colgate 5 Apartments
Under Contract
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including
flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has it’s own backyard with privacy fences.
This is an ideal size for an investor wanting to move into multifamily from single family investments.
Kingdom Quarters
UNDER CONTRACT
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.
Kingdom Quarters is a two story 12-unit property located in Lubbock TX. The property has been operating as short term rentals over the past couple years and is currently being re-stabilized as a conventional property. There are 11 one bedroom units and 1 two-bedroom unit. The electric is separately metered, and the water and gas are master metered. The owner currently pays all the utilities.