4403 Faye Ave Monahans, TX 79756
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.