602 N Belmont, Lubbock, TX 79416
602 N Belmont, Lubbock, TX 79416
Purchase Price (100K Per Unit)
Equity Raise
Interest Rate Debt
Exit Strategy Sale
Occupancy
Net Rentable
Total Projected Return
Cap Ex (Upon Purchase)
Units
Dimora Village is a 420-unit community in north Lubbock, TX, part of the rapidly growing Lubbock Metropolitan Statistical Area (MSA). With its prime location near major highways, universities, and new retail developments, this community is poised for strong tenant demand and stable returns.
Lubbock presents attractive real estate investment prospects, thanks to its dynamic economic factors, growing population, and favorable housing trends. Key statistics highlight why this city stands out
With over 267,000 residents in 2023 and an annual growth rate of 1.5%, Lubbock’s role as a healthcare, education, and agriculture hub ensures sustained population expansion.
Enrolling more than 40,000 students annually, Texas Tech drives a constant demand for rental properties near campus, making student housing a profitable venture.
Boasting a 4% unemployment rate, Lubbock’s key industries like healthcare, agriculture, and energy ensure stable job opportunities, supporting housing demand.
With a median home price of $220,000—well below state and national averages—Lubbock attracts both investors and first-time buyers, offering high rental yields.
Expected growth of 3-4% annually across sectors like tech, healthcare, and wind energy ensures long-term appreciation in property values.
Average rents hover around $1,300 per month, with 2-4% annual growth, providing investors with steady cash flow opportunities.
With rental vacancy rates at 6-7%, demand remains strong, particularly for multi-family and single-family homes, creating solid occupancy rates for investors.
Texas' no state income tax and Lubbock’s local tax incentives for businesses that create jobs make it an attractive location for both individuals and businesses.
Our strategy involves a new lease structure with a two-tiered payment system, combining a Base Rental Rate with a fixed monthly fee for essential services. This approach simplifies billing and leverages bulk pricing, benefiting both residents and investors.
Our mission is to provide stable, double-digit returns while empowering our investors to build generational wealth and positively impact the world through our nonprofit partnerships and well-managed properties.
Projected 18% average annual return and 12% Preferred returns over five years.
Talent Financial Group offers expert management and a proven track record.
Located in the rapidly growing Lubbock MSA
Enhancements increase property value and attract tenants.
Regular updates and clear communication keep investors informed.
Profitable investment that also contributes positively to the community.
Competitive returns exceeding market norms.
Maximizing your investment returns while leveraging tax benefits.
Opportunity to share in the property's success.
The minimum investment required is $50,000.
Dimora Village Townhomes is a 420-unit duplex and 210 individual deeded units community located in Lubbock, TX, offering a range of amenities and a prime location near major highways, universities, and retail developments.
Lubbock is experiencing rapid growth, making it an attractive market for multifamily real estate investment.
Let's discuss your financial goals and how passive real estate investing can help you achieve them.
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