8 11th Street Midland, TX 79705

$1,550,000
8 11th Street, Midland, TX 79705
SW18162810

Property Information

  • $1,550,000
  • Commercial
  • Hotel/Motel
  • Active
  • Midland, TX
  • Midland County
  • MLS/Web ID is SW18162810
  • Just Listed

Description

Great Opportunity REAL COMMERCIAL Recently Renovated, 40 Room Motel Plus Management living Quarters of 2 bedrooms 2 baths, Exterior Corridor, Located in the Oil Boom Industry of TEXAS!!!! Owner Absentee, therefore has a Magnificent Upscale Potential. Business in Operation Renovated in 2013 Trailing Revenues- prove income, Located off Interstate 10 FRWY, It is strongly advised by owner NOT to go Direct to the property and NOT contact Employees. two parcels (1) .78 Acre (2) 1.15 Acre Room to expand

Interior 3

Building Amenities

  • Laundry

Interior

  • Drywall Ceiling

Water Source

  • Public Water

Exterior 1

Construction

  • Frame/Wood
  • Stucco
  • Unknown

Rental 1

Tenant Pays

  • Cable

† Excluded Feature

Listed By

Broker: BUSINESS SEARCH INC.

8 11th Street , Midland, TX, 79705 is a Commercial Property for sale at $1,550,000. 8 11th Street has 0.0 baths. The property's zip code is 79705 which is in Midland, TX

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Market Pricing

Average % of sale price Median % of sale price
All listings in Midland $518,518 67 % below $344,223 78 % below
Commerical listings in Midland $1,122,345 28 % below $749,000 52 % below

Get the facts about Midland, TX!

Population 125,536
Population Growth (since 2000) 30 %
Median Income $65,104
Median Age 34.21
Households w/ Children 33 %

Residential Dwellings

  • Owned 31395
  • Vacant 2897
  • Rented 16012

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