Investment Overview

Marcus & Millichap is proud to offer Living Better Apartments, a recently renovated 32-unit property located in Levelland, Texas. The complex features a diverse unit mix, including 22 one-bedroom, one-bathroom units; six two-bedroom, one-bathroom units; one three-bedroom, one-bathroom unit; and one studio apartment. Originally built in 1920, the property underwent extensive interior and exterior upgrades in 2025 and is presently in the lease-up phase, with 18 of the 32 units already rented. The owner covers all utilities and recoups an additional $200 per month from tenants as a utility reimbursement on top of rent. It is conveniently situated near South Plains College, which is expected to enroll approximately 10,000 students in spring 2026 and has demonstrated consistent growth. This property offers strong leasing potential with Levelland’s limited supply of apartment complexes. New ownership can anticipate high demand, stable cash flow, and reduce maintenance needs thanks to the recent renovations.