1200 W Scharbauer Dr, Midland, TX 79705

Building Details

Year Built

1981

Listing agent Kerri Payne James License #TX 0591603

Listing office The Agency KPJ

Listing date Mar 11, 2024

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of The Agency KPJ

Report an issue

---

Overview

This offering presents an investment opportunity featuring a 25-home portfolio sale across several street locations in Midland, TX. The properties are currently under active leases with 100% tenant occupancy. The majority of the homes are 3-bed, 2-bath duplexes or townhomes, situated in subdivisions and neighborhoods. This portfolio may be suitable for corporate housing, given the presence of oil and gas corporations in the Midland/Odessa area. The rental portfolio package is also being sold as 6 separate portfolios, which includes 3 single-family residences on Scharbauer Dr. The property includes 4650 square feet of space.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

• Map
• Local Demand

City

Midland

County

Midland

State

Texas

Longitude

-102.093404

Latitude

32.0144033

Nearby Similar for Sale

• 

  $871,500

  5,000 SF

  Highly Visible Midland Office Building

  Former state office with high visibility and traffic.

  3900 E Hwy 158, Midland, TX 79706

  View Details
• 

  $2,200,000

  22,000 SF

  Spacious Midland Flex/Industrial Property

  22,000 SF flex/industrial building on 5 acres in Midland.

  11610 W County Rd 40, Midland, TX 79707

  View Details
• 

  $2,150,000

  14,600 SF

  Midland Commercial Property on 2.85 Acres

  2.85 acres with frontage on Wall St. and BankHead Highway.

  3915 W Wall St, Midland, TX 79701

  View Details
• 

  $799,900

  1,830 SF

  Midland Commercial Property on Corner

  Commercial property on high-traffic corner lot in Midland, Texas.

  2800 W Wall St, Midland, TX 79701

  View Details
• 

  $3,200,000

  28,921 SF

  Multi-Building Industrial Flex Complex

  Multi-building industrial complex with office support, cranes, and multiple roll-up doors on Highway 158.

  3611 E Hwy 158, Midland, TX 79705

  View Details
• 

  $450,000

  3,200 SF

  Midland Commercial Property For Sale

  3,200 SF commercial building with office and gated yard.

  1609 E Taylor, Midland, TX 79701

  View Details
• 

  $1,149,000

  5,000 SF

  Premium Office and Warehouse Space

  High-quality 5000 sqft office and warehouse with recent construction.

  3010 S County Rd 1250, Midland, TX 79706

  View Details
• 

  $675,000

  4,656 SF

  Versatile Building Near Downtown Midland

  Adaptable 4,656 SF building suitable for various purposes.

  405-407 N Terrell St, Midland, TX 79701

  View Details
• 

  $1,270,000

  660 SF

  Retail Site in Growing Corridor

  2-acre site with 660 SF building in Midland, TX.

  6213 FM 307, Midland, TX 79706

  View Details
• 

  $2,500,000

  5,500 SF

  Multi-Use Property in Midland, TX

  New construction, multi-use property with commercial and residential potential.

  5801 E Loop 250, Midland, TX 79706

  View Details
• 

  $1,200,000

  6,250 SF

  Midland Shop/Office Combo on Acres

  6250 SF shop/office combo on ~5 acres in Midland, TX.

  9807 FM 307, Midland, TX 79706

  View Details
• 

  $1,400,000

  8,386 SF

  Downtown Midland Office Building For Sale

  Two-story, 8,386 SF office building in downtown Midland, TX.

  213 N Main St, Midland, TX 79701

  View Details

FAQs

What type of property is this?

Duplex - 25-home portfolio with 100% tenant occupancy in Midland, TX.

Where is this duplex located?

The property is located at 1200 W Scharbauer Dr Midland, TX.

What is the asking price?

The asking price for this property is $790,000.

What are key features of this property?

This property features: Portfolio of 25 homes with active leases and 100% tenant occupancy.; Located in Midland, TX, home to major Oil & Gas corporations.; Strong potential for committed profit on corporate housing.