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$3,400,000

120-124 N Highland Avenue, Out of Service Area, 99999

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About this property

2 Historic Buildings in the downtown MARFA, TX core being offered as an assemblage. 1914 Masonic Lodge 2 stories with finished basement, 18' ceilings Garza Marfa retail on the ground floor and basement, 2 separate loft apartments with renovated kitchens and bathrooms on 2nd Floor converted in 2022. West Texas Utilities Building housing 2 retail mainstays of Marfa in long term leases with over 12,000 square ft of retail and living space in downtown, an unmissable opportunity for investors. New Floors and electric updates for 120 N Highland and all new HVAC in 2025 - Co-Listed with Nadia Black The Fridman Group.

Investor Tools

$0Estimated Mortgage Balance
$3,400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,400 /month
Positive
Cash Flow Estimate:
$6,800 /month

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Melissa Bent

Marfa Realty Properties & Services, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Out of Service Area

120-124 N Highland Avenue | Property Details | No Agent List