5300 Nevan Ct Midland, TX ^$ 25,400,000

5300 Nevan Ct

^$ 25,400,000

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5300 Nevan Ct

Midland, TX, 79703

^$ 25,400,000

Studio Baths0.0 Sq 151,371

Monthly Estimate*

^$ 177,427

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Studio

Commercial Property for sale in Midland, TX

for $25,400,000. This 151,371 square foot building was built in 2020.

INVESTOR PORTFOLIO SALE INCLUDING 94 TENANT OCCUPIED PROPERTIES! MAJORITY OF THE HOMES ARE 3 BED/ 2 BATH DUPLEXES OR TOWNHOMES WITH SOME AS 4 BEDROOM & 2 BEDROOM. SELLER IS SELLING THE ENTIRE PACKAGE AS A BUNDLE. GREAT INVESTMENT OPPORTUNITY w/COMMITTED PROFIT! NUMEROUS STREETS w/MULTIPLE HOMES IN GREAT RENTAL AREAS! STREETS INCLUDE: NEVAN, AUDIE CT, BEAL PKWY, BOULDER, DENTCREST, ELMA, FIELDER, MARK LN, PRESTON, RAINBOW RD, SCHARBAUER DR, SHELL & WHITTLE WAY AND MORE!

Commercial Active

Price

^$ 25,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial

Year Built

2020

Town/City

Midland

County/Region

Midland

MLS | Web ID

50069279

Features

General

Road Frontage City Street Alley Sidewalks

Heating Central Gas

Cooling Electric

Ceiling Height Less than 20 ft

Roof Composition

Parking Paved Parking

Year Built 2020

Subdivision Floyd Acres

Stories One

Exterior

Road Surface Paved

* Excluded Features

List By

The Agency Kerri Payne James Real Estate Team

Broker

(432) 553-7443

Phone

Affordability Calculator

$177,427

Per Month

Monthly Principal & Interest: $177,427
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Midland, TX

Average List Price ^$2,114,064

Percent of Sale Price 92%

About Midland, TX

132,228 Population

36% Since 2002

^$73,751 Median Income

34.79 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1795957 Elementary School

1795677 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/16/2024	$25,140,000		Listed Price

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5300 Nevan Ct, Midland, TX, 79703 is a Commercial Property for sale at $25,400,000 with 151,371 sqft. 5300 Nevan Ct is a studio with 0.0 baths and was built in 2020. The property's zip code is 79703 which is in Midland, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Permian Basin Board of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Permian Basin Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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5300 Nevan Ct

Commercial Property for sale in Midland, TX

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