Park Glen

JLL is pleased to exclusively offer for sale Park Glen Apartments, a 160-unit, 100% LIHTC family community located in Midland, TX. The Property benefits from a significant spread to market-rate comparables and 0% current delinquency. Investors have an opportunity to unlock value through a CHDO non-profit partnership estimated to generate approximately $78,000 in annual ad valorem tax savings. Midland's supply-constrained market — with zero new units delivered since 2023 and 7.6% projected rent growth through 2030 — combined with the city’s top-tier employment growth makes Park Glen Apartments a compelling affordable housing investment opportunity.