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    OFF-MARKET
    Residential income homes

    3200 Dentcrest Dr, Midland, TX 79707

    13,578 SF Built 1982
    Property ID
    US83-3976562
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a stabilized, seven-unit single-family rental portfolio located in Midland, Texas, at 3200 Dentcrest Dr, zip code 79707. The portfolio boasts a total of 13,578 square feet, with each unit offering ample living space. Built in 1982, this two-story property features a mix of three and four-bedroom homes, currently enjoying 100% occupancy. The portfolio generates a substantial net operating income (NOI) of $134,946 annually, representing a compelling 6.29% cap rate. The asking price is $2,145,000, translating to $157.98 per square foot. The property is zoned residential and includes two parking spaces per unit. Individual addresses within the portfolio include 3200 Dentcrest Dr, 3205 Dentcrest Dr (Units A & B), 3208 Dentcrest Dr, 3214 Dentcrest Dr, and 4803 Dentcrest Dr (Units A & B). This portfolio offers a strong return on investment in a desirable Midland location. The current monthly rental income totals $11,245.83. This is a turnkey investment perfect for a seasoned investor seeking immediate cash flow and long-term appreciation potential in a robust market. The property is situated in Midland County, Texas, and offers a rare opportunity to acquire a well-maintained, high-performing rental portfolio.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1982
    Total area 13,578 SF
    UPID US83-3976562
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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