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6611 ELKINS RD
MIDLAND, TX 79705-9530
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
40± Acres Inside Midland City Limits—Zoned, Engineered & Development-Ready <ul><li><span style="color: rgba(14, 13, 12, 1)">The two development tracts 2 & 3 (14.58± and 16.14± acres) are priced at an **astonishingly low $45,000 per acre**, with the option to combine adjacent parcels for up to roughly 31 gross acres. Building materials on site are available for purchase. Building Materials available for purchase include but aren't limited to, steel, water pipe, commercial play ground. </span></li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
