Monaco Apartments LLC purchased luxury residential property, Monaco Apartments, for $45.7 million. Located in the Midland-Odessa area of West Texas, the vibrant residential community was acquired on July 12, 2024, with the total Real Property value of $45,770,000.
Built in 2020, the 256-unit modern living Monaco Apartments spans 3 stories and offers Studio, one- and two-bedroom apartments. Each residence is equipped with upscale kitchens with granite counter tops, a washer and dryer, a balcony/patio and vinyl wood plank flooring. The community it pet friendly.
Residents can enjoy a multitude of outdoor and indoor amenities, such as fitness center with a spin room and yoga studio, luxury pool, outdoor entertainment and gathering space, grilling area, community clubhouse complete with a media center, cyber café and a game room with billiards.
Surrounding the residential property, residents have easy access to a range of shopping, dining, recreational and entertainment options. Halfway between Fort Worth and El Paso, Midland rests just off of I-20, neighboring Odessa. Known for its booming energy industry, Midland also harbors a fierce dedication to high school football, partially inspiring both the film and television adaptations of “Friday Night Lights.”
“Monaco Apartments is true luxury living with an abundance of amenities,” said Joe Hooker, Acquisitions Manager, “Residents can indulge in quiet surroundings in the library or cafe or enjoy community barbequing poolside. There is something for everyone.”
