700 W 7th St | Odessa, TX 79761
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- LoopNet Team
700 W 7th St
Odessa, TX 79761
700 West 7th Street · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- The Property is being offered free and clear of existing debt.
- Located in Odessa’s medical district, sitting less than 0.5 miles from the nearest medical clinic, creating a large population of potential renters.
- Both options should be available with consistent tenant bases.
- Brought to market with top-of-the-line finishes including nailed down hardwood floors, marble countertops, and stainless-steel appliances.
- There are two options for purchasers of the 700 W. 7th Street. Townhomes in terms of the leases and likely pool of tenants.
PROPERTY FACTS
| No. Units | 6 | Building Size | 9,600 SF |
| Property Type | Multifamily | Average Occupancy | 33% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2022 |
| Building Class | B | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | EB6 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 9,600 SF |
| Average Occupancy | 33% |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | EB6 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 6 | - | 1,600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,277,743 | |
| Land Assessment | $40,791 | Total Assessment | $1,318,534 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$40,791
Improvements Assessment
$1,277,743
Total Assessment
$1,318,534
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