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Summerhill Apartments 3001 N Midland Dr 128 Unit Apartment Building For Sale Midland, TX 79707
Investment Highlights
- Under Market Rents
- Swimming Pool
- Private Patio/Balcony
- On Site Laundry Facilities
- Spacious Floor Plans
- Strong Texas Market
Executive Summary
The Summerhill Apartments are located on North Midland Drive a main north/south thoroughfare. The property is surrounded by other similar style rentals and residential homes.
The units offer a private patio and/or balcony, spacious floor plans, walk-in closets and outside storage. There is a swimming pool and laundry facility on-site with updated equipment.
The property is easily accessible to Loop 250 and to Andrews Highway. Nearby businesses include, WalMart, Midland Park Mall, 36-Hole Hogan Park Municipal Golf Course and the Scharbauer Sports Complex.
The units offer a private patio and/or balcony, spacious floor plans, walk-in closets and outside storage. There is a swimming pool and laundry facility on-site with updated equipment.
The property is easily accessible to Loop 250 and to Andrews Highway. Nearby businesses include, WalMart, Midland Park Mall, 36-Hole Hogan Park Municipal Golf Course and the Scharbauer Sports Complex.
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Property Facts
| Sale Type | Investment | Lot Size | 6.66 AC |
| No. Units | 128 | Building Size | 107,136 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1979/2008 |
| Building Class | C | Parking Ratio | 1.87/1,000 SF |
| Zoning | PDHD | ||
| Sale Type | Investment |
| No. Units | 128 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.66 AC |
| Building Size | 107,136 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2008 |
| Parking Ratio | 1.87/1,000 SF |
| Zoning | PDHD |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Range
- Walk-In Closets
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Basketball Court
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 64 | - | 680 |
| 2+2 | 64 | - | 970 |
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Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | R000043-062 | Improvements Assessment | $9,628,093 |
| Land Assessment | $1,159,740 | Total Assessment | $10,787,833 |
Property Taxes
Parcel Number
R000043-062
Land Assessment
$1,159,740
Improvements Assessment
$9,628,093
Total Assessment
$10,787,833
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Summerhill Apartments | 3001 N Midland Dr
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