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
- Potential Loan Assumption Opportunity of Approximately $275,000, Subject to Lender Approval & Applicable Terms
- 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 & Bathroom Areas
- Consistent Unit Layouts Simplify Leasing, Maintenance & Management
- Property Is Fully Leased with 100% Occupancy
- Flexible Income & 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 & Operations, Providing Stable Income from Day One
- Designed to Reduce Initial Operational Risk & Support Income Stability During the Transition Period