Technical
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Property profile

4508 Cimmaron Ave Midland, TX 79707

OFF-MARKET
Commercial real estate
Property ID
US82-1158618
10,507 SF 0.73 ac lot Built 1966
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Year built 1966
Total area 10,507 SF
Lot 0.73 ac (31,799 SF)
UPID US82-1158618

Cap rate & NOI

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

Location

4508 Cimmaron Ave Midland, TX 79707
Midland metro
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Value estimations

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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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