Seller Financing
Address
415 W Scharbauer Dr Midland, TX
Price
$ 1,199,000
Property Attributes
  • MLS#50034918
  • TypeCommercial
  • CountyMIDLAND
  • CityMidland
  • AreaMD5
  • NeighborhoodKelview Heights
  • Zip79705
  • StyleCommercial
  • Price$ 1,199,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage44418
  • Lot Size2.09 Acres
Listing Provided Courtesy Of:
Pine & Beckett - Chris Beckett
Data Source:
Permian Basin BOR (PBBOR) - 288 - TX
Property Description

RARE OPP TO GET 2.088 ACRES IN TOWN W/ OWNER FIN. OPTION! PRIME REDEVELOPMENT OPP HERE! CLASSIC MCM 1960'S 34 UNIT/ 44,000 SQFT (WOW) APARTMENT COMPLEX. AS IS WHERE IS. IDEAL FOR SHOPPING CENTER/ NEW HOUSING CENTER! 3 MAIN STREET ACCESS WITH HIGH TRAFFIC. MOST UNITS ARE 2 BEDS/ 1 BATH. HIGH CEILINGS, EVERYTHING SQUARED. PER FOOT THIS IS A STEAL!!! 31.00 A FOOT. INSTANT EQUITY! MF22 ZERO REPAIRS!

Price History
11/13/2020 Listed $1,395,000
3/18/2021 8% - $1,290,000
5/21/2021 4% - $1,249,000
9/9/2021 5% - $1,199,000

General Features

Ceiling Height Less than 20 ft
Cooling None, Individual A/C Units
Heating Electric, None
Parking Paved Parking
Road Frontage Sidewalks, Easement, Alley
Roof Composition
Stories Two
Subdivision Kelview Heights
Year Built 1959

Exterior Features

Road Surface Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 79705

Price
AVG $790K
$1.2M
Visits
AVG 31
9
Year Built
AVG 1980
1959
Walkscore
AVG 29
69
Data Provided by Walkscore ® not using MLS data

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