Boulders at Lakeridge, The

Jones Lang LaSalle Americas, Inc. (JLL) has been exclusively retained to offer an exceptional investment opportunity to acquire the fee simple interest in The Boulders at Lakeridge (the "Property"), a 414-unit asset in Lubbock, Texas. The asset presents new ownership with immediate value creation through the lease up of approximately 88 units, that will be made ready in October. Additionally, the Property offers a number of other value enhancements. Enjoying an excellent southwest Lubbock location, the Property is situated less than a mile from Loop 289, providing seamless access to move about the City. Lubbock’s thriving economy, anchored by Texas Tech University, has experienced remarkable growth, evidenced by an impressive 17% population increase since 2010. Furthermore, the Lubbock apartment market boasts a strong occupancy of 94.7% with an increase in rents of 2.9% as of Q2 2025. The Boulders at Lakeridge offers investors the chance to acquire a true value-add asset with immediate upside.