Coldwell Banker Commercial Capital Advisors negotiated the sale of Dimora Village, an investment portfolio of 209 separately deeded duplexes totaling 418 rental units and 572,040 square feet in Lubbock, Texas.
Dimora Village is located at 602 N. Belmont Ave. in Lubbock, one mile from the edge of Texas Tech campus and the TTU Rawls golf course. It is adjacent to North Park, a thriving new development featuring student housing, medical offices and retail space.
Chase Tucker, CCIM and Taylor Tucker, CCIM, represented both the undisclosed seller and the buyer, Crain Co. Every individual duplex had its own survey, legal description, and address. Most are in one subdivision, but not all are adjacent. The price has not been disclosed.
