Executive Summary:

Dimora Village, consisting of 210 duplexes, is a 420-unit duplex (including 1 office & 1 model) community located in north Lubbock, TX.

Built from 2003-2006 and situated on a combined 72.37 acres, this community is comprised of single-story buildings of brick masonry construction. The community offers such amenities as walk-in closets, washer/dryer hookups, patios, and front/back yards. All units have bed/bath parody. Dimora Village also offers residents a basketball court, salt-water pool, sand volleyball court, and access to the TruFit Athletic Club down the street.

Residents enjoy the property’s prime location close to North Loop 289, a short distance from Texas Tech, South Plains College and Lubbock Christian University, Rawls and Shadow Hills Golf Courses and the new retail developments nearby.

PROPERTY DETAILS OFFERING:

Sale Price- TBD by Market

Property Address- 602 N Belmont Ave Lubbock, TX 79416

Number of Units- 420

Number of Floors- 1

Rentable SF- 782,500

# of Buildings- 210

Year Built- 2003-2006

Occupancy- 94%

Garage per Unit- Yes, 2 & 3-car garage

Backyard per Unit- Yes

Leasing Office- Yes

Model Unit- Yes

PERSONNEL:

Management Company- Grassano Management, Inc

Property Manager- 1 on-site Property Manager

Leasing Employees- 3 Leasing Employees

Maintenance Tech- 4 Maintenance Techs