2026 Kenwood Avenue, Lubbock, TX
$6,500,000
4 Beds
2 Baths
2 full
2050 SqFt
Don't miss this INCREDIBLE investment opportunity. This 25-home single-family rental portfolio in Lubbock's Willowbend Villas community is 100% occupied and ready for a new owner. A few quick highlights: - 25 single-family homes, 100% leased - Majority new construction (2022-2023), concentrated along Kenwood & Kirksey Avenue - $600,108 in current annual rent / $606,744 at market - Approx. 5% all-in NOI cap rate (taxes and insurance included), 9.34% gross yield - Existing professional property management in place, no HOA, tenant-paid utilities Call the listing agent for the full buyer information packet with the unit-level rent roll, lease schedule, and return metrics.
Property Details
| Property Type | Residential Multi Family |
|---|---|
| Mls # | 202614746 |
| LotSize | 0.14 acres |
| Property Subtype | Other |
| Year Built | 2022 |
| Cooling Systems | central air |
| Exterior Types | brick |
| Heating Fuels | central |
|---|---|
| Parking Types | garage |
| Num Of Floors | 1 |
| Roof Types | composition |
| Floor Coverings | Carpet, Vinyl, Tile |
| School District | Frenship ISD |
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