3208 Preston DrMidland, TX 79707
For Sale
$2,525,000
10-Unit Single-Family Home Portfolio
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- $2,525,000 asking price for a stabilized multifamily investment.
- Ten single-family rental units totaling 16,210 square feet.
- $155.77 price per square foot, with a 2.94% cap rate.
- 100% occupancy, generating a net operating income (NOI) of $74,358.
- $252,500 price per unit, built in 1982, with two parking spaces per unit.
Property Details for 3208 Preston Dr
- Property type
- Multifamily properties, Residential income homes
- Square Feet
- 16,210 SF
- Year Built
- 1982
- Units
- 10
Location Insight
- City
- Midland
- County
- Midland
- State
- Texas
- Latitude
- 32.013386
- Longitude
- -102.1451631
3208 Preston Dr, Midland, Texas
Nearby Similar for Sale
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