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500 N Colorado St
Midland, TX 79701
500 N Colorado Apartments · Multifamily Property For Sale
·
38 Units
Investment Highlights
- The property has a brand new roof and A/C units.
- Zero vacancy, 100% leased since the building was remodeled in 2019.
Property Facts
| No. Units | 38 | Building Size | 29,610 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1966/2019 |
| Building Class | C | Parking Ratio | 1.72/1,000 SF |
| Lot Size | 0.77 AC | ||
| Zoning | C1 | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 29,610 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1966/2019 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | C1 |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Facilities
- Pool
- Security System
- Gated
- Video Patrol
- Grill
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 34 | $1,500 | - |
| 2+2 | 4 | $2,500 | - |
Property Taxes
| Parcel Number | R000026-089 | Improvements Assessment | $2,365,600 |
| Land Assessment | $134,400 | Total Assessment | $2,500,000 |
Property Taxes
Parcel Number
R000026-089
Land Assessment
$134,400
Improvements Assessment
$2,365,600
Total Assessment
$2,500,000
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