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1808 S Tradewinds Blvd.Midland, TX | 214 Units
Tradewinds
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Tradewinds1808 S Tradewinds Blvd.Midland, TX | 214 UnitsDakota Arms6703 82nd St.Lubbock, TX | 208 UnitsThe Preserve at Prairie Pointe8217 Avenue ULubbock, TX | 184 Units
Texas Millennium Collection
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
5960 Berkshire LaneSuite 1000Dallas, TX 75225
Dallas Office
CONTACT
Matt Wideman
Managing Director214.360.3847matt.wideman@berkadia.comTX DRE # 673251
Gregg Cordaro
Managing Director225.922.4587 gregg.cordaro@berkadia.comLA # BROK.0995685833-CORP
Bart Wickard
Senior Managing Director214.360.3848bart.wickard@berkadia.comTX DRE # 609281
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Exceptional Opportunity
Acquire a rare, early 2000s vintage property in West Texas, priced significantly below replacement cost. This offering provides substantial scale and potential for investors.
Mark to Market Opportunity
Each property presents a compelling chance to enhance investor returns by organically adjusting rents to market rates, with potential increases of $189, $228, and $326.
Supply Constraints and Lease Growth
The investment is further strengthened by limited new supply and favorable lease trade-outs at Tradewinds, which have demonstrated a 6.7% blended increase over the past 30 days.
Value-Add Potential
Unlock upside potential by upgrading unit interiors. Modernize countertops and bathroom vanities, enhance interior lighting and hardware, replace appliances as needed, upgrade flooring, and improve interior cosmetic items. These enhancements could increase rents by $100 to $188 per unit per month.
Robust Job Markets
Invest in regions with thriving economies. Lubbock and Midland boast some of the lowest unemployment rates in Texas, at 3.3% and 2.9% respectively, as of March 2025.
Flexible Acquisition Options
Available for purchase as a portfolio or individually, catering to diverse investment strategies.
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Two United Plaza8550 United Plaza Blvd.Suite 702Baton Rouge, LA 70809
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6703 82nd St.Lubbock, TX | 208 Units
Dakota Arms
Texas Millennium Collection
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8217 Avenue ULubbock, TX | 184 Units
The Preserve at Prairie Pointe
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