2400 College Avenue presents a unique multifamily investment opportunity in Midland, Texas, offering four 1 bedroom / 1 bathroom units totaling approximately 2,499 square feet. Positioned in an established neighborhood, the property provides investors with multiple income strategies, including long-term rentals, short-term rental conversion, or an Airbnb-focused operating model.
The asset is located in one of Texas’s strongest energy-driven markets, where workforce housing, contractor demand, and corporate travel continue to support rental demand. With a stated pro forma cap rate of 8%, seller willingness to negotiate closing costs, and property management already in place, this offering is positioned for investors seeking cash flow, upside, and operational flexibility.