This investment represents an outstanding value-add opportunity in a highly desirable area within the West Texas oil and gas region. Currently, 77% of the property's units have leases of less than one year remaining, offering significant near-term upside potential. These units currently generate approximately $57,125 in monthly rent, with the opportunity to quickly increase this amount to around $66,263 through targeted rent adjustments and improvements. The increase is represented by 42% of the units being refurbished, suggesting a clear pathway and precedent for additional renovations and upgrades across the property.