- For Sale $8,000,000
- Property Type Multi-Family
- Property Size 71,742 SF
- Units 130
- Lot Size 111,300 Acre
- Additional Rent Contact for pricing
- Year Built 1984
- Date Updated Oct 24, 2024
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Attachments
Highlights
- - High rental demand with low competing supply
- - Central location within Monahans
- - Directly off Interstate-20
- Performance Metrics:
- - $1,160,000 Collected Gross Income (T12)
- - 13.5% Projected Year 1 Cash on Cash Return
- - 25.3% Projected 5 Year Levered IRR
False
Contacts
Location
Getting Around
-
Walk Score ®
69/100 Somewhat Walkable -
Bike Score ®
46/100 Somewhat Bikeable
- City Monahans, TX
- Zip Code 79756
Points of Interest
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Texaco
6.37 miles
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Shell
6.43 miles
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Hawthorn Suites by Wyndham Monahans
0.30 miles
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Candlewood Suites Monahans
0.43 miles
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Holiday Inn Express & Suites Monahans I-20
0.43 miles
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Microtel Inn and Suites by Wyndham Monahans
0.55 miles
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Best Western Plus Monahans Inn & Suites
0.63 miles
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Americas Best Value Inn
0.69 miles
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Comfort Inn & Suites
0.71 miles
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Texan Inn
0.72 miles
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Silver Spur Motel
0.84 miles
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La Quinta Inn & Suites by Wyndham Monahans
1.19 miles
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Howard's Drive Inn
0.47 miles
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Bennigan's
0.51 miles
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Subway
6.37 miles
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Monahans High School
0.28 miles
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Monahans Jr High School
0.29 miles
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Monahans Education Center
0.29 miles
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Walker Junior High School
0.30 miles
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Tatom Elementary School
0.44 miles
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Browne School
0.45 miles
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Edwards Elementary School
0.51 miles
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Tatum School
0.54 miles
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Edwards School
0.56 miles
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Sudderth Elementary School
1.20 miles
Frequently Asked Questions
How much does Pecan & Villa Apartments | 1113 S Betty Ave & 1500 S Calvin Ave Monahans, TX 79756 cost?
The space currently listed for sale at Pecan & Villa Apartments | 1113 S Betty Ave & 1500 S Calvin Ave Monahans, TX 79756 asks for $8,000,000.
What is the total square footage of Pecan & Villa Apartments | 1113 S Betty Ave & 1500 S Calvin Ave Monahans, TX 79756?
Pecan & Villa Apartments | 1113 S Betty Ave & 1500 S Calvin Ave Monahans, TX 79756 totals 71,742 square feet.
When was this property built?
Pecan & Villa Apartments | 1113 S Betty Ave & 1500 S Calvin Ave Monahans, TX 79756 was built in 1984.
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Contact Listing Broker
Greg Brownd
The Go-Getters Multifamily with KW Commercial