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For Sale

Flexible 4-Unit Property Opportunity in Midland

2400 College Avenue,
Midland, TX 79701

Asset Snapshot

1948
Year Built

Offering Summary

Investment Overview

2400 College Avenue presents a unique multifamily investment opportunity in Midland, Texas, offering four 1 bedroom / 1 bathroom units totaling approximately 2,499 square feet. Positioned in an established neighborhood, the property provides investors with multiple income strategies, including long-term rentals, short-term rental conversion, or an Airbnb-focused operating model. The asset is located in one of Texas’s strongest energy-driven markets, where workforce housing, contractor demand, and corporate travel continue to support rental demand. With a seller willingness to negotiate closing costs, and property management already in place, this offering is positioned for investors seeking cash flow, upside, and operational flexibility.


Investment Highlights

  • 4-unit property located in Midland
  • Available for sale or lease
  • Seller guarantee for one year
  • Approximately 2,499 SF of total living area
  • Four individual units with functional, efficient layouts
  • Each unit includes dedicated living, kitchen, bedroom, and bathroom areas
  • Consistent unit layouts simplify leasing, maintenance, and management
  • Property is fully leased with 100% occupancy
  • Flexible income and occupancy potential
  • Suitable for rental housing, workforce housing, staff housing, or owner occupancy
  • Opportunity to generate income, occupy strategically, or reposition for added value
  • Seller offering a Master Lease incentive of up to 12 months at $4,000/month, subject to agreed terms
  • Under this structure, seller will manage occupancy and operations, providing stable income from day one
  • Designed to reduce initial operational risk and ensure income stability during transition period

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Listing Syndicated From

Buildout
For Sale
$398,000
Asking Price