1203 S Gail Ave | Monahans, TX 79756
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- LoopNet Team
1203 S Gail Ave
Monahans, TX 79756
Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- The property enjoys a central Permian Basin location, with proximity to schools, restaurants, and freeway access.
- Tenants will have the option to enjoy furnished units, on-site laundry facilities, and tenant controlled HVAC.
- Well kept and maintained multi-family building with 56 units all fully occupied.
- The average household income for a 5 mile radius is $78,387.
PROPERTY FACTS
| No. Units | 56 | Lot Size | 2.01 AC |
| Property Type | Multifamily | Building Size | 74,241 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 2015 |
| Zoning | B1 - Multi-Family Residential Dwelling | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.01 AC |
| Building Size | 74,241 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2015 |
| Zoning | B1 - Multi-Family Residential Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Furnished Units Available
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 20 | $1,573 | 1,000 |
| 3+2 | 36 | $2,075 | 1,200 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,673,600 | |
| Land Assessment | $51,860 | Total Assessment | $5,725,460 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$51,860
Improvements Assessment
$5,673,600
Total Assessment
$5,725,460
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