Contacts
ERES
Property Details
- Property Type Office - General Office
- Property Size 2,499 SF
- Units 4
- Lot Size 0.16 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1948
- Date Updated May 14, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 4-unit quadplex totaling approximately 2,499 SF
- All units are 1 bed / 1 bath, approximately 625 SF each
- Existing property management in place
- Investment positioned for workforce housing, contractor housing, or short-term rental demand
- Listed for sale at $400,000
- Located in Midland, TX, in the heart of the Permian Basin
- Opportunity to operate as long-term rentals or convert to Airbnb / short-term rental use
- Seller may assist with up to 6% of closing costs
- Stated pro forma cap rate of 8%
Attachments
Getting around
-
52/100
Walk Score ®
-
44/100
Bike Score ®
Location
- City Midland, TX
- Neighborhood Permian Estates-College Heights
- Zip Code 79701
- Market Midland Odessa
Points of Interest
-
7-Eleven
1.09 miles
-
Amigo's Gas Station
1.64 miles
-
Walmart
1.71 miles
-
Sunoco
1.72 miles
-
Stripes
1.86 miles
-
Exxon
1.87 miles
-
Kent Kwik Gas Station
2.05 miles
-
Tesla Supercharger
3.76 miles
-
LHS Parking
2.42 miles
-
HEB Parking Lot
3.39 miles
-
Wyndham Garden Midland
0.58 miles
-
Super 8 Midland
1.28 miles
-
Days Inn by Wyndham Midland
1.39 miles
-
DoubleTree by Hilton Hotel Midland Plaza
1.48 miles
-
Country Inn & Suites
1.55 miles
-
Comfort Inn
1.59 miles
-
Quality Inn
1.63 miles
-
Microtel Inn & Suites by Wyndham Midland
1.73 miles
-
La Quinta Inn Midland
1.77 miles
-
Candlewood Suites
1.77 miles
-
Kingsway Mall
1.15 miles
-
Albertsons
1.24 miles
-
Walmart Supercenter
1.85 miles
-
H-E-B
2.67 miles
-
Holt Ranch Plaza
3.01 miles
-
Texas Pride Plaza
3.22 miles
-
United Supermarkets
3.30 miles
-
Red Oak Plaza
3.30 miles
-
Dillard's
3.44 miles
-
TJ Maxx
3.46 miles
ERES