Property summary
This exceptional investment opportunity presents a portfolio of five single-family homes located in desirable Midland, Texas neighborhoods. Each home is currently leased, resulting in 100% occupancy and a robust monthly income stream of $9,200. The properties are situated on five different streets, offering diversification and reduced risk. The total land area encompasses 0.73 acres. The combined square footage of all five homes is 10,507 square feet. This is a portion of a larger 35-home portfolio also available for purchase, offering potential buyers the flexibility to acquire a smaller, manageable investment package or the entire portfolio. The asking price for this specific five-home package is $1,400,000. This represents a strong return on investment given the current rental income and the stable tenant occupancy. The properties are well-maintained and situated in established neighborhoods, promising continued strong rental demand. Financial statements detailing the current income and expenses are available upon request. This is an ideal opportunity for investors seeking a proven, cash-flowing investment in the thriving Midland, Texas market. Serious inquiries only. All information is deemed reliable but not guaranteed and should be independently verified.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Similar Nearby for Lease
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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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