Multifamily For Sale • 94,800 SF
| 100-unit multifamily portfolio in Lufkin, TX consisting of The Californian (1970) and Falling Waters (1973) |
| Located ~1.6 miles apart; mix of 1- and 2-bed units, individually sub-metered |
| Significant value-add opportunity through implementation of RUBS at both all-bills-paid properties to enhance NOI. |
| Interior renovation upside to push rents to proven market rates; Falling Waters offers in-unit W/D connections, while The Californian features on-site |