The Multifamily Group Acquires 350-Unit Multifamily Property In Lubbock

The Multifamily Group (TMG) brokers Jon Krebbs and Paul Yazbeck facilitated and closed a multifamily property transaction in Lubbock. The property, consisting of three separate parcels, is located at 2706 Genoa Ave, 2722 Frankford Ave, and 507-518 N Essex Ave. It comprises a total of 350 units, making it a significant multifamily asset in the market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Date: 10/28/2021
• Address: 2706 Genoa Ave, 2722 Frankford Ave, & 507-518 N Essex Ave
• Market: Lubbock
• Number of Units: 350

Jon Krebbs and Paul Yazbeck from The Multifamily Group (TMG) worked as the brokers representing the parties involved in this transaction. Their expertise and negotiation skills played a crucial role in successfully closing the deal. The transaction demonstrates TMG's strong presence and reputation in the Lubbock market.