Boston Creek (the “Property”) is a 349-unit, garden-style multifamily community located in the heart of Lubbock, Texas. Situated on approximately 21.90 acres, the Property consists of 90 one- and two-story residential buildings. The unit mix includes studio, one-bedroom, two-bedroom, and three-bedroom floorplans, offering a variety of layouts and amenities that cater to a diverse tenant base. Layouts include 178 units of two-story garden style multifamily apartments, 159 duplex units, and 12 condo units. Strategically positioned just 1.7 miles from Texas Tech University—with a record 2024–2025 enrollment of 41,405 students—Boston Creek is well-located to capture student and young professional tenants. The Property also benefits from proximity to major retail centers, restaurants, and entertainment venues, further enhancing its tenant appeal. The Property is currently 91.23% occupied. In 2019, approximately 108 units underwent full interior renovations, featuring upgraded cabinetry, hardwood-style flooring, stainless steel appliances, granite countertops, and modern kitchen and bathroom fixtures. The renovated units are seeing an average premium of $106. Community amenities include a clubhouse, fitness center, package lockers, sundeck, sand volleyball court, multiple laundry facilities, and on-site management and maintenance. Boston Creek Apartments presents an ideal opportunity for a new investor seeking a value-add investment in a stable, supply-constrained market. With an in-place occupancy of 91.23%, a clear path to increasing rents through unit renovations, and proximity to a major university driving consistent demand, the Property offers both immediate cash flow and long-term upside.