Multifamily
Brighton Court
3321 Neely Ave, Midland, TX 79707
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Brighton Court, a low-density, value-add asset in Midland, Texas. The asset is located in the highest rent growth MSA in the United States, averaging over 10 percent rent growth in the trailing eight quarters. These two West Texas cities are located within the second largest oil and gas shale in the world, the Permian Basin. Midland is home to many of the world’s largest petroleum producing companies, resulting in a large, well-educated labor force and high-income jobs.
Brighton Court
Investment Highlights
- Low Density, Value-Add Asset Consisting of 60 Units (all with two-car garages) in Midland, Texas
- Midland/Odessa is the Top Rent Growth Market in the United States; Averaged Over 10% Rent Growth in Trailing 8 Quarters
- Assumable Financing with 4+ Years of Remaining Term at Accretive Interest Rates (Full-Term Interest Only)
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Low Density, Value-Add Asset Consisting of 60 Units (all with two-car garages) in Midland, Texas
- Midland/Odessa is the Top Rent Growth Market in the United States; Averaged Over 10% Rent Growth in Trailing 8 Quarters
- Assumable Financing with 4+ Years of Remaining Term at Accretive Interest Rates (Full-Term Interest Only)
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Brighton Court, a low-density, value-add asset in Midland, Texas. The asset is located in the highest rent growth MSA in the United States, averaging over 10 percent rent growth in the trailing eight quarters. These two West Texas cities are located within the second largest oil and gas shale in the world, the Permian Basin. Midland is home to many of the world’s largest petroleum producing companies, resulting in a large, well-educated labor force and high-income jobs.
Exclusively Listed By
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