721 W Dengar Ave | Midland, TX 79705
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
721 W Dengar Ave
Midland, TX 79705
Regency Townhouse · Multifamily Property For Sale · 24 Units
Investment Highlights
- Rent Upside - management is pushing rents with renewals and additional upside through renting washers and dryers
- Robust Market - Midland has lowest unemployment in the state at 2.6% & is fastest growing job market in the state at 4.6%.
- Irreplaceable Location - Median Household Income in a one-mile radius is $83,677.
- 35-Year Owned Asset - Regency has been well maintained over the course of ownership and has clear upside. The pitched roofs were replaced last June.
- Affluent Neighborhood - Homes in area sell for ~$500,000. This is one of the most desired neighborhoods in the city.
PROPERTY FACTS
| No. Units | 24 | Building Size | 48,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1982 |
| Building Class | B |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 48,000 SF |
| No. Stories | 2 |
| Year Built | 1982 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 24 | - | 2,000 |
PROPERTY TAXES
| Parcel Number | R000040-990 | Improvements Assessment | $95,300 |
| Land Assessment | $0 | Total Assessment | $95,300 |
PROPERTY TAXES
Parcel Number
R000040-990
Land Assessment
$0
Improvements Assessment
$95,300
Total Assessment
$95,300
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
