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43 SFH Portfolio

7 Multifamily Properties Offered at $11,480,000 in Midland, TX

Investment Highlights

  • 100% tenant occupied properties in great subdivisions with potential for higher yields

Executive Summary

Looking for a lucrative investment opportunity? An exclusive listing from, The Agency Team and Kerri Payne James, a 43-home portfolio sale of 13 different street locations in Midland, TX. A unique Investor opportunity featuring 43 active leases with 100% tenant occupancy. Midland/Odessa is home to the largest Oil & Gas corporations, making this investment a solid one for anyone looking to achieve committed profit on corporate housing. The majority of the homes are 3 bed/2 bath duplexes/townhomes with some being 2 bedroom/2 bath. Numerous streets are included, all in great subdivisions and neighborhoods. Don't miss your chance to acquire these promising properties in a sought-after location!

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Net Operating Income -

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Net Operating Income
Annual -

Property Facts

Price $11,480,000
Price / SF $186.65 / SF
Sale Conditions Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 7
Individually For Sale 6
Total Building Size 61,505 SF
Total Land Area 2.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3200-3214 Dentcrest, Midland, TX 79703 Multifamily 13,578 SF 1982 $2,145,000
3206-3237 Preston, Midland, TX 79707 Multifamily 14,750 SF 1982 $2,525,000
5202-5204 Rainbow Rd, Midland, TX 79707 Multifamily 6,216 SF 2001 -
1200-1214 Scharbauer, Midland, TX 79705 Multifamily 6,720 SF 1981 $1,130,000
3532-3534 Shell, Midland, TX 79703 Multifamily 3,326 SF 1977 $550,000
3203-3235 Whittle Way, Midland, TX 79707 Multifamily 6,408 SF 2020 $1,070,000
4508 Cimmaron Ave, Midland, TX 79707 Multifamily 10,507 SF 2020 $1,615,000
Show More > < Show Less
  • Listing ID: 31000399

  • Date on Market: 2/20/2024

  • Last Updated:

  • Address: 43 SFH Portfolio, Midland, TX

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