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4301 S COUNTY RD 1135
MIDLAND, TX 79706-6617
Asking Price
$2.40M
Asset Type
Flex Multifamily
Class
Class B
What's Special
High occupancy income property with room to grow! <ul><li>3 acres</li><li>10 Tiny home units - STR and 6 to 12 month leases</li><li>Furnished Double wide unit with 4 bedrooms and 3 bath plus fenced yard- 12 month lease</li><li>Barndominium Unit - Executive level finish out with 1 bed, 1 bath and loft space</li><li>Industrial Shop with 2 offices, 1 bathroom, and 3 overhead doors on a fenced 1 acre lot</li></ul>
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
