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32395396
32395425

1500 N MAIN, MONAHANS, TX 79756 For Sale

HP
TX 0486680, TN 373213 (+2)
The Prichard Group
KP
TX 0688613
Listed by The Prichard Group
$2,449,000
72 days on market
Updated 72 days ago

1500 North Main St. Monahans, Texas 79756

Details
APN 6336
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,000
Units 20
Tenancy Vacant
Acreage 0.640

New Construction - 12 Unit Property - Investment Opportunity

Marketing description

Excellent investment opportunity in the heart of Monahans, Texas! This 11,000 sq ft multifamily property sits on .64 acres in the highly sought-after Delaware Basin region. Featuring 12 newly built apartment units with modern finishes and strong tenant appeal, this turnkey asset is ideally positioned to capitalize on the continued growth driven by the oil and gas industry. Conveniently located near major employers, shopping, dining, and everyday amenities, this property offers outstanding income potential, long-term stability, and excellent upside in one of West Texas’ strongest rental markets.

Investment highlights

Located in the heart of the Delaware Basin, this brand-new 12-door apartment complex in Monahans, Texas offers an exceptional investment opportunity in one of the nation’s most active energy markets. Designed for modern living and strong tenant appeal, the property features quality construction, attractive finishes, and a prime location with convenient access to major employers, dining, and everyday amenities. With continued growth driven by the oil and gas industry, Monahans remains in high demand for workforce housing, making this a rare chance to acquire a turnkey multifamily asset with excellent income potential and long-term upside.

Listing Contacts

HP
TX 0486680, TN 373213 (+2)
The Prichard Group
KP
TX 0688613
Listed by The Prichard Group

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Additional Information

Name
Heather Prichard
License
0486680
Brokerage
The Prichard Group
Brokerage Phone
432-978-6973
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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