1101 Wall St Midland, TX 79701

Exceptional investment opportunity awaits with this 8-unit apartment building located at 1101 W Wall St, Midland, TX 79701. This Class A property, built in 1947 and extensively renovated in 2020, boasts a total of 9,000 square feet across two stories on a 0.48-acre lot. The building features a mix of unit sizes: eight units in total, with four two-bedroom units at 937 square feet each and four one-bedroom units at 712 square feet each. Ample parking is available with 20 spaces. Currently vacant, this property presents a unique chance to establish rental income immediately. The asking price is $2,500,000, or $312,500 per unit, with a price per square foot of $277.78. Situated in a prime location near Downtown Midland, this property benefits from its proximity to local amenities and businesses. The property is zoned B-1, offering flexibility for future development or operational adjustments. This is a rare chance to acquire a well-maintained, updated multifamily property in a thriving Texas market. The building's Class A finishes and convenient location make it an attractive option for tenants, ensuring strong rental demand. Don't miss this opportunity to capitalize on the Midland, Texas real estate market.