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32397630
32397631

401 West 4th Street, Monahans, TX 79756 For Sale

HP
TX 0486680, TN 373213 (+2)
The Prichard Group
KP
TX 0688613
Listed by The Prichard Group
$315,000
71 days on market
Updated 71 days ago

401 West 4th St. Monahans, Texas 79756

Details
APN 28-4806000
Property Type Multifamily
Square Footage 2,064
Units 4
NOI $16,709
Year Built 1925
Lot Size (SqFt) 32,220,804

2 Door Apartment Investment Opportunity

Marketing description

Excellent investment opportunity in the heart of Monahans, Texas! This approximately 1,000 sq ft duplex sits on approximately .07 acres in the highly desirable Delaware Basin region. Featuring two newly built 1BR/1BA units with modern finishes and strong tenant appeal, this turnkey property is ideally positioned to benefit from the continued growth of the oil and gas industry. Conveniently located near major employers, shopping, dining, and everyday amenities, this property offers strong rental demand, stable income potential, and excellent upside in one of West Texas’ most active housing markets.

Investment highlights

2-door duplex featuring spacious 1BR/1.BA units located in the heart of the Delaware Basin in Monahans, Texas. This turnkey investment opportunity offers modern construction, attractive finishes, and strong tenant appeal in one of the nation’s most active energy markets. Conveniently located near major employers, shopping, and dining, the property is well-positioned for long-term growth and stable rental demand in a high-demand workforce housing market.

Listing Contacts

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

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$16,708.73
$1,392.39/mo

Valuation Metrics

0
DSCR
5.3%
Cap Rate
5.3%
ROI

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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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