Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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