Riverstone Park Lubbock, Texas
- DateRiverstone Park, Lubbock, Texas
- ClientConstructed in 1973 and recently extensively renovated, this 115 unit complex consists of 1, 2, and 3 bedroom units.
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Riverstone Park is a class B apartment located within a block of class B location and a high end shopping mall. The exterior is brick and wood with metal mansard roofs. We have completely renovated the Leasing Office and updated the pool area. The parking lot has fresh seal coating and new paint striping. Riverstone Park is very clean with tenants that truly appreciate the quality of this community which is reflected with the high occupancy level and constant foot traffic from potential tenants.
Since we have purchased this property our investing partners have received a nice quarterly check on their investment portion every quarter from the start, and with the high returns. We anticipate only to increase those high returns in the upcoming years. Our investing partners are passive partners but only need to contact us should they have a question or idea to share.