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9300 W County Road 60 6,866 SF Flex Building Midland, TX 79707 $1,100,000 ($160.21/SF) 10.05% Cap Rate
Investment Highlights
- Presidential Man Camp Housing All Remodeled
- 4 Rented Spaces
- 10.05 Cap Rate
- Gross Rents are $163,200 & Net Rent to Owner is $109,404 a year.
Executive Summary
Amazing 10 Cap Property On The City Limit Line on 5.5 acres, Presidential ManCamp Housing All Remodeled in 2013, The Washington is a 2656 sqft Home w/ 3 Bed 2 Bath Rents for $4500 a month, The Lincoln is a 4 Bed 2 Bath 1350 sqft Rents for $4500 a month, The Jefferson is 1 Bed 1 Bath Rents for $1400 a month, The Shop is 2500 sqft w/ 3 Pull In Bays and current rent is $3200.00 per month. Gross Rents are $163,200 & Net Rent to Owner is $109,404 a year. It is hard to find a Similar Package this close to city & Situated between 2 Major PetroPlex Hubs, Convenient to Midland, Odessa, Andrews, & Seminole. Call us today to Make Your Inv.
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Property Facts
| Price | $1,100,000 | Lot Size | 26.49 AC |
| Price Per SF | $160.21 | Rentable Building Area | 6,866 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 10.05% | Year Built/Renovated | 1940/2013 |
| Property Type | Flex | Tenancy | Single |
| Building Class | B |
| Price | $1,100,000 |
| Price Per SF | $160.21 |
| Sale Type | Investment |
| Cap Rate | 10.05% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 26.49 AC |
| Rentable Building Area | 6,866 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1940/2013 |
| Tenancy | Single |
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | R000212-258 | Improvements Assessment | $0 |
| Land Assessment | $44,000 | Total Assessment | $44,000 |
Property Taxes
Parcel Number
R000212-258
Land Assessment
$44,000
Improvements Assessment
$0
Total Assessment
$44,000
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9300 W County Road 60
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