1203 S Gail Ave - Apartments FOR SALE


Monahans, TX 79756
$8,950,000 USD
415-608-6138
1203 S Gail Ave, Monahans, TX for Sale
$8,950,000 USD
Apartments - FOR SALE
1/10
null | 8% Cap Rate

1203 S Gail Ave
Monahans, TX 79756


OVERVIEW

Build in 2014, great central location in Permian basin. Next to schools , restaurants, freeway entrance . 95% occupied, 60% under master lease . Great cash flowing property with on site live in manager.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

56

PRICE/UNIT

$159,821

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Art DrozoArthur DrozdMore Info
415-608-6138

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Art DrozoArthur DrozdMore Info
415-608-6138

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.