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1308 N Carol Ave 4 Unit Apartment Building $575,000 ($143,750/Unit) 12.50% Cap Rate Monahans, TX 79756
Investment Highlights
- Fully Leased – 100% occupancy for immediate rental income
- Location – Desirable area in Permian Basin
- Well-Maintained Units – Four comfortable and efficient units
Executive Summary
Turnkey Investment Opportunity – Fully Leased Quadplex in Monahans, TX! Invest in steady cash flow with this fully leased quadplex in the thriving community of Monahans, TX! This multi-family property features four well-maintained units, each designed for comfort and efficiency. With 100% occupancy, investors can enjoy immediate rental income and strong ROI potential in a high-demand rental market.
Property Facts
| Price | $575,000 | Apartment Style | Low-Rise |
| Price Per Unit | $143,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 12.50% | Building Size | 3,264 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1992 |
| Price | $575,000 |
| Price Per Unit | $143,750 |
| Sale Type | Investment |
| Cap Rate | 12.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,264 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1992 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | - | - |
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Property Taxes
| Parcel Number | 0008027 | Improvements Assessment | $198,920 |
| Land Assessment | $5,990 | Total Assessment | $204,910 |
Property Taxes
Parcel Number
0008027
Land Assessment
$5,990
Improvements Assessment
$198,920
Total Assessment
$204,910
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1308 N Carol Ave
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