Lubbock, TX, May 26, 2018 --(PR.com
)-- EBG Acquisitions is proud to announce the acquisition of two apartment complexes with a total of 97 units in Lubbock, Texas.
The two Lubbock communities were acquired in partnership with a group of private investors which plan to add value to the communities over the next few years.
The first community, formerly known as Belmont Ridge, will be rebranded in the coming months under the name Orion on 50th as part of the EBG Communities portfolio.
The second community, formerly known as the Villas Apartments, will be rebranded in the coming months under the name Elara Villas on 51st as part of the EBG Communities portfolio.
These recent acquisitions put EBG Acquisitions' portfolio of acquired and operated units at 253 units spread across multiple locations in the Texas secondary markets.
EBG Acquisitions is working diligently to identify exceptional off-market, value add opportunities in the Texas secondary markets for their investors.
The company’s stated mission is to bring groups of investors together to purchase and transform apartment communities to improve the lives of the residents while providing safe yet high yielding investment vehicles to their investors.
Investors that would like to learn more about investing in Texas multifamily properties should visit the company website at: http://www.EBGAcquisitions.com.