9300 W County Road 60 - Flex FOR SALE


Midland, TX 79707
$1,100,000 USD
432-688-8200
9300 W County Road 60, Midland, TX for Sale
$1,100,000 USD
Flex - FOR SALE
1/41
null | 10.05% Cap Rate

9300 W County Road 60
Midland, TX 79707


HIGHLIGHTS

  • Presidential Man Camp Housing All Remodeled
  • 10.05 Cap Rate
  • 4 Rented Spaces
  • Gross Rents are $163,200 & Net Rent to Owner is $109,404 a year.

OVERVIEW

Amazing 10 Cap Property On The City Limit Line on 5.5 acres, Presidential ManCamp Housing All Remodeled in 2013, The Washington is a 2656 sqft Home w/ 3 Bed 2 Bath Rents for $4500 a month, The Lincoln is a 4 Bed 2 Bath 1350 sqft Rents for $4500 a month, The Jefferson is 1 Bed 1 Bath Rents for $1400 a month, The Shop is 2500 sqft w/ 3 Pull In Bays and current rent is $3200.00 per month. Gross Rents are $163,200 & Net Rent to Owner is $109,404 a year. It is hard to find a Similar Package this close to city & Situated between 2 Major PetroPlex Hubs, Convenient to Midland, Odessa, Andrews, & Seminole. Call us today to Make Your Inv.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

10.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

26.49

LAND SF

1,153,994

ZONING

-

APN/PARCEL ID

R000209-107,R000212-258

ASK ABOUT THIS PROPERTY

Thomas JohnstonReal Estate RanchMore Info
432-688-8200

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Thomas JohnstonReal Estate RanchMore Info
432-688-8200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.