1203 S Gail Ave | Monahans, TX 79756
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- LoopNet Team
1203 S Gail Ave
Monahans, TX 79756
Monahans Apartments · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- Strong Historical Occupancy and Financials
- Majority Tenant Extends Their Leasing Term with Yearly Rent Increase
- Tenants Pay for Their Own Electricity
- Stable West Texas Market
- Built in 2014 with Low Maintenance
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
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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