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Tract 1, East Interstate 20
Midland, TX 79706
Asking Price
$4.16M
Asset Type
Residential Office
Class
Class B
What's Special
Premier Permian Basin opportunity with exceptional I-20 frontage! <ul><li>Tract 1</li><li>18 Acres</li><li>17805 Sq Ft Building</li><li>12000 Sq Ft w/ Heat & AC </li><li>Carbarn</li><li>Shop</li><li>Large Porches & Awnings </li><li>2/3rd Acre Lake</li><li>Nicely Landscaped</li></ul>
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NOI
$80,000
Cap Rate
1.92%
DSCR
0.32
Underwater
Cash-on-Cash
-13.38%
Monthly Payment
$20,581.41
Annual Cash Flow
$-166,976.923
