Technical
Financial
Distress signals
Property profile

3205 Elma Dr Midland, TX 79707

OFF-MARKET
Commercial real estate
Property ID
US82-4889611
8,371 SF 0.32 ac lot Built 1982
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of five homes located at 3205 Elma Drive, Midland, TX. The properties, totaling 8,371 square feet and situated on a 0.32-acre lot, are currently 100% occupied, generating a substantial monthly income of $8,100 from tenant leases. This represents a strong, stable cash flow for the investor. The homes are part of a larger 35-home portfolio, although this listing focuses specifically on this five-home package. Each home is individually leased, providing diversification and minimizing risk. The properties are classified as General Commercial real estate. This is an ideal investment for those seeking a proven, high-yield rental portfolio in a thriving Texas market. The asking price for this specific five-home package is $1,405,000. This represents a compelling opportunity to acquire a turnkey investment with immediate positive cash flow. The location in Midland, TX offers strong potential for future appreciation. Detailed financial statements and lease agreements are available upon request. This is a rare opportunity to acquire a well-managed, high-performing rental portfolio in a desirable location. Don't miss out on this chance to secure a significant return on your investment. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Year built 1982
Total area 8,371 SF
Lot 0.32 ac (13,939 SF)
UPID US82-4889611

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3205 Elma Dr Midland, TX 79707
Midland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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