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5202 Rainbow Rd

Midland, TX 79707
  • $1,040,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 50069832
UPDATED: 164 min ago
$1,040,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,216
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2001
County:
Area:
Mc5

School Ratings & Info

Description

PROFITABLE INVESTOR PORTFOLIO INCLUDING THE SALE OF 2 DUPLEXES (UNITS A&B) ON RAINBOW RD! BOTH HOMES ARE CURRENTLY BEING LEASED WITH 100% OCCUPANCY. THE ENTIRE PORTFOLIO OF 94 TOTAL HOMES IS BEING SOLD, INCLUDING THE BREAKDOWN 14 SMALLER INVESTOR PACKAGES LISTED SEPARATELY. CURRENT INCOME ON RIANBOW RD DUPLEXES IS $7,100/MONTH IN TENANT LEASES.

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© 2024 Permian Basin Board of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Data last updated: 2024-05-20T23:42:57.93.
www.raftercrossrealty.com/homes/148504847
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5202 Rainbow Rd Midland, TX 79707

  • Price: $1,040,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 164 min ago
  • MLS #: 50069832
0
Beds
0
Baths
0
½ Baths
0.2
Acres
6,216
SQFT
$167
$/SQFT
2001
Built
Neighborhood:
Arbor Park
County:
Midland
Area:
Mc5
Property Description
PROFITABLE INVESTOR PORTFOLIO INCLUDING THE SALE OF 2 DUPLEXES (UNITS A&B) ON RAINBOW RD! BOTH HOMES ARE CURRENTLY BEING LEASED WITH 100% OCCUPANCY. THE ENTIRE PORTFOLIO OF 94 TOTAL HOMES IS BEING SOLD, INCLUDING THE BREAKDOWN 14 SMALLER INVESTOR PACKAGES LISTED SEPARATELY. CURRENT INCOME ON RIANBOW RD DUPLEXES IS $7,100/MONTH IN TENANT LEASES.
Exterior Features

Parking Covered Parking Road Frontage City StreetAlleySidewalks Road Surface Paved Roof Composition

Interior Features

Ceiling Height Less than 20 ft Cooling Electric Heating Central

Property Features

Commercial Type Other Commercial Sewer Public Sewer Source Sq Ft MCAD Total Taxes 3573.61 Type Lease RESIDENTIAL Water Sewer Public

Listing information © 2024 Permian Basin Board of Realtors®.
Listing provided courtesy of Kerri Payne of The Agency Kerri Payne James Real Estate Team: 4326831000.




© 2024 Permian Basin Board of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Data last updated: 2024-05-20T23:42:57.93.
 
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Rafter Cross Realty
822 South Main Street, P.O. Box 8
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