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 Jun 23, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 4-unit property located in Midland
- Approximately 2,499 SF of total living area
- Available for sale or lease
- Cap rate of 12.06%
- Consistent unit layouts simplify leasing, maintenance, and management
- Designed to reduce initial operational risk and ensure income stability during transition period
- Each unit includes dedicated living, kitchen, bedroom, and bathroom areas
- Flexible income and occupancy potential
- Four individual units with functional, efficient layouts
- Opportunity to generate income, occupy strategically, or reposition for added value
- Property is fully leased with 100% occupancy
- Seller guarantee for one year
- Seller offering a Master Lease incentive of up to 12 months at $4,000/month, subject to agreed terms
- Suitable for rental housing, workforce housing, staff housing, or owner occupancy
- Under this structure, seller will manage occupancy and operations, providing stable income from day one
Attachments
Getting around
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52/100
Walk Score ®
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44/100
Bike Score ®
Location
- City Midland, TX
- Neighborhood Permian Estates-College Heights
- Zip Code 79701
- Market Midland Odessa
Points of Interest
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7-Eleven
1.09 miles
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Amigo's Gas Station
1.64 miles
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Walmart
1.71 miles
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Sunoco
1.72 miles
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Stripes
1.86 miles
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Exxon
1.87 miles
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Kent Kwik Gas Station
2.05 miles
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Tesla Supercharger
3.76 miles
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LHS Parking
2.42 miles
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HEB Parking Lot
3.39 miles
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Wyndham Garden Midland
0.58 miles
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Super 8 Midland
1.28 miles
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Days Inn by Wyndham Midland
1.39 miles
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DoubleTree by Hilton Hotel Midland Plaza
1.48 miles
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Country Inn & Suites
1.55 miles
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Comfort Inn
1.59 miles
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Quality Inn
1.63 miles
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Microtel Inn & Suites by Wyndham Midland
1.73 miles
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La Quinta Inn Midland
1.77 miles
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Candlewood Suites
1.77 miles
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Kingsway Mall
1.15 miles
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Albertsons
1.24 miles
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Walmart Supercenter
1.85 miles
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H-E-B
2.67 miles
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Holt Ranch Plaza
3.01 miles
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Texas Pride Plaza
3.22 miles
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United Supermarkets
3.30 miles
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Red Oak Plaza
3.30 miles
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Dillard's
3.44 miles
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TJ Maxx
3.46 miles
ERES