Two New-Construction Apartment Complexes in Monahans, TX, 22 Total Units, Turnkey Income + Growth Upside.

Discover a rare off-market opportunity in Monahans: two newly built apartment properties that combine immediate cashflow with near-term growth potential.

The first property is a completed, 10-unit complex currently serving as corporate housing. Unit mix: 8 × 2BR / 1.5BA and 2 × 1BR / 1BA. All units are occupied and 7 units are fully furnished and currently being used as Corporate Housing.

The second property is under construction and will add 12 units at delivery: 5 × 2BR / 2BA and 7 × 1BR / 1BA. Together the two sites create a combined 22-unit portfolio ideal for an owner-operator, small syndicate, or investor seeking a compact, scalable multifamily play.

Key features (both properties)

• Individual laundry rooms in each building

• Stylish, contemporary finishes and open-concept floorplans

• All-electric systems (no gas on site)

• Separately metered utilities for unit-level billing and reduced owner operating overhead

• Thoughtful unit mix that supports both short-term corporate stays and long-term residential leases

Location & investment thesis
Positioned in Monahans and within easy reach of the Delaware Basin and the expanding Permian Basin, these properties benefit from regional energy-driven demand and workforce housing needs. The combination of turnkey, furnished corporate housing (immediate cashflow) plus an under-construction building (near-term value creation) offers both stabilized income and upside from lease-up, market rent growth, or conversion to longer-term leases.