Listed by The Real Estate Ranch
$1,100,000
9300 W Co Rd 60, Midland, TX 79707
Details
APN R000209107
Property Type Mixed Use
Sub Type MANCAMP
Square Footage 6,866
Net Rentable (SqFt) 6,866
Units 4
Cap Rate 10.05%
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built CALL AGENT
Acreage 5.500
Amazing 10.05 Cap Property On The City Limit Line on 5.5 acres, Presidential ManCamp Housing!
Marketing description
Amazing 10.05 Cap Property On The City Limit Line on 5.5 acres, Presidential Man Camp Housing All Remodeled in 2013, The Washington is a 2656 sq ft 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. 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 Petro Plex Hubs, Convenient to Midland, Odessa, Andrews, & Seminole. Call us today to Make Your Investment.
Investment highlights
Presidential ManCamp Housing All Remodeled
10.05 Cap Rate
4 Rented Spaces
Gross Rents are $163,200 & Net Rent to Owner is $109,404 a year.
Listing Contacts
Listed by The Real Estate Ranch
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