Property summary
This exceptional investment portfolio comprises 35+ tenant-occupied and vacant properties located in prime rental areas of Midland, Texas. The portfolio offers a compelling opportunity for investors seeking immediate cash flow and significant long-term appreciation. The majority of the properties are well-maintained three-bedroom, two-bathroom duplexes and townhomes, with a mix of four-bedroom and two-bedroom units also included. This is a bulk sale, offering the entire portfolio as a single package, presenting a streamlined acquisition process. The properties are strategically situated across several desirable streets, including Dentcrest, Elma, Preston, Scharbauer Drive, Shell, and Whittle Way, ensuring strong rental demand and occupancy rates. The total square footage across all properties is 69,516 square feet, situated on a combined land area of zero acres. The asking price for this exceptional investment opportunity is $9,440,000. This portfolio presents a rare chance to acquire a substantial, diversified multifamily investment in a thriving Texas market with proven rental income and significant upside potential. The seller is motivated and ready to close quickly. Detailed property information and financial statements are available upon request. This is a turnkey investment ready for immediate income generation.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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