Multifamily
Enclave
3500 Boyd Ave, Midland, TX 79707
Listing Price: Request For Offer
Investment Overview
These are a series of three-unit townhome buildings lined along Shell, Sinclair and Boyd Avenues. Each units is individually deeded making an exit strategy of conversion to single family a possibility. All the units are one story, 2-bedroom & 2-bath with attached 2-car garages. All units are similar and range in size from 1,200 to 1,430 SF. The property was refinanced with assumable, 5-year, interest only, FNMA debt in 2024.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- 68 Units | 11.88% T-12 cash-on-cash return
- All 2 bedroom, 2 bath with attached direct access garages
- Individually deeded units allows for residential exit strategy
Investment Overview
These are a series of three-unit townhome buildings lined along Shell, Sinclair and Boyd Avenues. Each units is individually deeded making an exit strategy of conversion to single family a possibility. All the units are one story, 2-bedroom & 2-bath with attached 2-car garages. All units are similar and range in size from 1,200 to 1,430 SF. The property was refinanced with assumable, 5-year, interest only, FNMA debt in 2024.
Exclusively Listed By
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