2400 College Avenue presents a flexible multifamily investment opportunity in Midland, Texas, featuring four 1-bedroom / 1-bathroom units totaling approximately 2,499 SF. Located within an established Midland neighborhood, the property supports multiple occupancy and income strategies, including traditional long-term rental housing, workforce or staff housing, owner occupancy with supplemental income, and potential furnished or short-term rental use, subject to applicable regulations and approvals. The property is fully leased with 100% occupancy and offers investors an opportunity to acquire an income-producing four-unit asset within the Permian Basin market. Consistent unit configurations support straightforward leasing, maintenance, and management while providing flexibility for future repositioning. As an additional acquisition incentive, the property offers a potential loan assumption opportunity of approximately $275,000, subject to lender approval and applicable loan terms. The seller is also offering a Master Lease incentive of up to 12 months at $4,000 per month, subject to agreed terms, under which the seller will manage occupancy and operations during the transition period. This structure is intended to support income stability and reduce initial operational risk for the purchaser.