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The Multifamily Group Brokers Sale Of 280 Unit Multifamily Properties In Lubbock, Texas

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SOLD

Texas

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MultiFamily
Sold 12/30/2025
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Property Image
SOLD

The Multifamily Group Brokers Sale Of 280 Unit Multifamily Properties In Lubbock, Texas

3201 West Loop 289 & 5820 34th Street

See Similar Deals
MultiFamily
Sold 12/30/2025
the dealdetailscomps

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The sale involved a multifamily asset located at 3201 West Loop 289 & 5820 34th Street in the Lubbock market, comprising a total of 280 units. The properties included in this transaction were built in 1983 and 2014, and they are situated near Texas Tech University, UMC Hospital, and Lubbock's only Costco, which supports strong long-term fundamentals.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Units: 280
  • Broker: The Multifamily Group
  • Market: Lubbock
  • Note: The buyer completed a 1031 exchange and assumed existing Fannie Mae financing.

The Multifamily Group facilitated the transaction, representing the parties involved. The deal notably reflects a strategic investment choice, aligning with the region's fundamentals and proximity to key local assets.

Players

The Multifamily Group
The Multifamily Group
BROKERAGE

Details

SOLD
IMAGE: 12/30/2025 ADDRESS: 3201 West Loop 289 & 5820 34th Street MARKET: Lubbock ASSET TYPE: Multifamily ~ UNITS: 280 BROKER: The Multifamily Group (@TheMultifamilyGroup) NOTE: The Multifamily Group brokered the sale of Bentwood and The Bend at Bentwood in Lubbock, Texas, totaling 280 units, to a buyer completing a 1031 exchange who assumed existing Fannie Mae financing. The properties, built in 1983 and 2014, are strategically located near Texas Tech University, UMC Hospital, and Lubbock’s only Costco, offering strong long-term fundamentals.

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