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21982811
21982812

3001 Midland Dr, Midland, TX 79707

KC
TX TX 604402
FIMC Commercial Realty
BC
TX 331043
FIMC Commercial Realty
Listed by FIMC Commercial Realty
Unpriced
475 days on market
Updated 0 days ago

Summerhill

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 105,600
Units 128
Occupancy 95.31%
Class B
Year Built 1979
Buildings 24
Stories 2
Investment Type Value Add

Multifamily | 128 Units

Marketing description

**FOR SALE: SUMMERHILL APARTMENTS** Located at 3001 N MIDLAND DRIVE, MIDLAND, TEXAS, Summerhill Apartments offer a prime investment opportunity in the heart of Midland's bustling real estate market. This well-maintained property consists of 128 units across 26 buildings with a mix of spacious floor plans and modern amenities. Tenants enjoy private patios/balconies, walk-in closets, and convenient on-site facilities including a swimming pool and laundry center. Situated on North Midland Drive, residents have easy access to Loop 250, Andrews Highway, and key local attractions like Midland Park Mall and Hogan Park Municipal Golf Course. With a robust rental market and a stable NOI of $562,475, this investment is poised for success in Midland's thriving economy driven by the region's oil and gas production. Don't miss out on this lucrative opportunity to acquire Summerhill Apartments in a strategic location with excellent growth potential.

Investment highlights

  • Under Market Rents

  • On Site Laundry Facilities

  • Swimming Pool

  • Spacious Floor Plans

  • Private Patio/ Balcony

  • Strong Texas Market

Listing Contacts

KC
TX TX 604402
FIMC Commercial Realty
BC
TX 331043
FIMC Commercial Realty
Listed by FIMC Commercial Realty

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Additional Information

Name
Kirk Chudej
License
TX 604402
Brokerage Phone
8063587151
Title
TX
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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