NewHigh yield
$989,000
21-Unit Multifamily in Pecos, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$47K
Texas median (1,196)$92K
- $/unit
- $47,095
- ▼ 49% vs TX · 11th pct
- Cap rate
- 8%
- ▲ 0.6 pts vs TX median
- NOI
- $100K
- $4,758/unit/yr
- Units
- 21
- 2017
Financials
- Asking price
- $989,000
- Price per unit
- $47,095
- Price per sq ft
- $107
- Gross rent / year
- Not stated
- Net operating income
- $99,919
- NOI per unit
- $4,758
- Cap rate
- 8%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 21
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2017
- Building size
- 9,220 sq ft
- Avg unit size
- 439 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1141
About this property
Highlights
- 7.66 Acres of Improved land Located in close proximity to Interstate 220 which is a major throughfare in the market.
- 1.5 miles from I-20 business, 3 miles from I-20
- Full-time manager
- Property Flyers
- Lot 1 with improvements
- Financial Summary (Actual)
- Net Operating Income: $99,919 USD (2023)
- Cap Rate:
- 8.00 %
- Total Expenses:
- $100,749 USD
Location
Approximate area. The exact address is shared on request.
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 Odessa, TXNew | $2.28M | $99K$99K | — |
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