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29
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20
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Michael McCoy
20
Votes |
29
Posts

Big Spring Off Market Multifamily

Michael McCoy
Posted

My partners and I are selling a 16-unit property in Big Spring, Texas — fully rebuilt from the studs in 2023 following a fire. It’s stabilized, cash-flowing, and turnkey.

Highlights:

Fully renovated in 2023 – new systems, interiors, and Fire Marshal approved

16 fully leased 2BR units – modern finishes with in-unit washer/dryers

7% cap rate on current income – clean rent roll

Pro forma supports a $3.27M valuation at market rentsI’ve attached the offering memorandum with details. If you or a buyer contact would like more information, we would be happy to schedule a call.

Thank you,

Suites at Big Spring

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