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4403 Faye Ave Monahans, TX 79756

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For Sale
$400,000

Six-unit rental property with RV spaces.

Property size:
640 SF

Property Features for 4403 Faye Ave

General Information

Property type
Other commercial real estate
Square Feet
640 SF
Lot Size
44,867 SF

Building Details

Year Built
2017

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Listing Contact
Ricky Warnick

Listing Agency: The Sales Team Realtors Listing Agent: Ricky Warnick

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment property in Monahans, Texas, presents a lucrative opportunity. Situated on a spacious 1.03-acre corner lot with convenient access to Interstate 20, this property boasts six income-producing rental units, all currently leased, generating a potential monthly income of $4,500. Each unit offers comfortable living with two bedrooms and two full bathrooms, complete with kitchens including refrigerators, and convenient washer and dryer connections. Low-maintenance landscaping minimizes upkeep. Adding to the income potential are eight vacant RV spaces on the property, ready for immediate lease. The property's 640 square feet per unit provides ample space for tenants. The strategic location near Interstate 20 ensures high visibility and accessibility, making it an attractive option for both residents and travelers. This turnkey investment offers a strong return on investment with its consistent rental income and additional revenue potential from the RV spaces. The property's current occupancy and established rental income stream make it an ideal addition to any investment portfolio. Don't miss this chance to acquire a well-maintained, high-yield commercial property in a thriving Texas location.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Hair Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Bar & Pub Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Monahans
County
Ward
State
Texas
Longitude
-102.8953
Latitude
31.54888

FAQs

What type of property is this?
Commercial real estate - Six-unit rental property with RV spaces.
Where is this commercial real estate located?
The property is located at 4403 Faye Ave Monahans, TX.
What is the asking price?
The asking price for this property is $400,000.
More about this property
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