2400 College Ave
Midland, TX 79701

$400,000 USD

Apartments For Sale • 2,499 SF

Property Details

Property Type Apartments
Total Building Size 2,499 SF
Lot Size 0.16 AC
Building Class C
Year Built 1948
Zoning SF2

50 Walk Score

                
                    Highlights
                
                                4-unit quadplex totaling approximately 2,499 SF
                            
                                Each unit includes 1 bed / 1 bath at approximately 625 SF
                            
                                Listed for sale at $400,000 with an 8% pro forma cap rate
                            
                                Located in Midland, Texas, in the heart of the Permian Basin
                            
                                Flexible rental opportunity for long-term, Airbnb, or short-term rental use
                            
                                Seller may assist with up to 6% of closing costs; property management in place