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Multifamily Property
For Sale
$450,000

2205 Mendiola Ave, Laredo, TX 78043

Tenant-paid electricity and landlord-paid water establish a split utility arrangement.

Property SizeContact for details
Days on Market878

Property Features for 2205 Mendiola Ave

General Information

Standard status Active
Property subtype Multi Family Home

Site & Location

Neighborhood Las Lomas
Utilities to Site Yes
Listing Agency: Onyx & Assoc. Real Estate Svcs
Listed By: Triunfo Gonzalez
Source: Leonelocruz
Added: Jun 4, 2024 Changed: Oct 26 Last Checked: Oct 26 at 4:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Onyx & Assoc. Real Estate Svcs

Rey
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Investment Insights

Based on property information with market context.

This multifamily property has a utility arrangement in which tenants pay for electricity and the landlord pays for water. The property is located at 2205 Mendiola Ave in Laredo, Texas.

Key Highlights

  • Tenants pay electricity; landlord pays water

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby

Demographics for 78043, TX

43,473
Population
14,263
Households
3
Avg Household Size
30
Median Age
13%
College-Educated
65%
High-School Grad
177.1 sq mi
ZIP Area
245
Density / Sq Mi
$54,280
Median Household Income
$27,651
Median Earnings
$954
Median Rent
$151,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Tenant-paid electricity and landlord-paid water establish a split utility arrangement.
Where is this multifamily property located?
The property is located at 2205 Mendiola Ave Laredo, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Tenants pay electricity; landlord pays water
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