Pecan & Villa Apartments

1500 South Calvin Avenue, Monahans, TX 79756

  • For Sale Contact for pricing
  • Property Type Multi-Family
  • Units 0
  • Lot Size 71,742 SF
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 3, 2024

The 130-units of the Pecan & Villa Apartments are comprised of two communities that are operated together as one. The 80-units at the Pecan Apartments were built in 1984 while the 50-units at the Villa Apartments were built in 1972. The properties consist of 1-3 bedroom floorplans, two on-site laundry rooms, one leasing office and two shimmering pools. Since taking ownership back in 2013, the current owners have updated all of the interior units and roofs to highlight some of the substantial capex completed. The property's high occupancy speaks to the basic economics of the limited supply of this product type compared to the high demand for workforce housing within the market.

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Contacts

broker

Greg Brownd

KW Commercial | Lubbock, TX

broker

Ryan Franckhauser

KW Commercial | Lubbock, TX

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Monahans, TX
  • Zip Code 79756

Points of Interest

  • Texaco

    6.29 miles

  • Shell

    6.34 miles

  • Hawthorn Suites by Wyndham Monahans

    0.39 miles

  • Candlewood Suites Monahans

    0.55 miles

  • Holiday Inn Express & Suites Monahans I-20

    0.56 miles

  • Microtel Inn and Suites by Wyndham Monahans

    0.61 miles

  • Best Western Plus Monahans Inn & Suites

    0.74 miles

  • Americas Best Value Inn

    0.77 miles

  • Silver Spur Motel

    0.77 miles

  • Texan Inn

    0.78 miles

  • Comfort Inn & Suites

    0.81 miles

  • La Quinta Inn & Suites by Wyndham Monahans

    1.18 miles

  • Howard's Drive Inn

    0.40 miles

  • Bennigan's

    0.59 miles

  • Subway

    6.29 miles

  • Monahans Jr High School

    0.14 miles

  • Monahans High School

    0.15 miles

  • Walker Junior High School

    0.16 miles

  • Monahans Education Center

    0.23 miles

  • Browne School

    0.37 miles

  • Edwards Elementary School

    0.52 miles

  • Tatom Elementary School

    0.58 miles

  • Edwards School

    0.59 miles

  • Tatum School

    0.68 miles

  • Sudderth Elementary School

    1.08 miles

Frequently Asked Questions

How much does Pecan & Villa Apartments cost?

The sale price for Pecan & Villa Apartments is available upon request. Contact the listing broker for more information.

What is the total square footage of Pecan & Villa Apartments?

Pecan & Villa Apartments totals 71,742 square feet.

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Contact Pecan & Villa Apartments