8-Unit Apartment
New
For Sale
Contact for pricing
201 N 5th Street, Donna, TX 78537
Newer construction with fenced grounds, paved parking, and individual unit entrances.
Property Size4,896 SF
Lot Size0.31 Acres
Price / SF$91.91
Days on Market7
Property Features for 201 N 5th Street
General Information
Standard status
Active
Size
4,896 SF
Lot size
0.31 Acres
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
8
Amenities
paved asphalt parking
poured concrete walkways
full perimeter fencing
Building Details
Year Built
2022
Buildings
1
Units
6
Construction
stucco
Listing Agency:
TNT Real Estate
Listed By:
Daniel Santos · License #740510
(956) 867-4545
Source:
Crexi
Added: Aug 28
Changed: Sep 2
Last Checked: Sep 1 at 9:04PM
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 TNT Real Estate
Investment Insights
Based on property information with market context.
Constructed in 2022, this eight-unit apartment property provides approximately 13,489 square feet of gross building area on a 0.31-acre corner parcel. The improvements feature stucco exteriors, hip rooflines with composition shingles, slab foundations, and tile flooring within the units. Separate entrances serve each residence, while paved asphalt parking, concrete walkways, and perimeter fencing complete the site improvements.
The property is located at 201 N 5th Street in Donna, near Donna High School, Business 83, and area shopping and dining. Its newer construction and straightforward site layout offer a clearly defined multifamily configuration for residential income use.
The property is located at 201 N 5th Street in Donna, near Donna High School, Business 83, and area shopping and dining. Its newer construction and straightforward site layout offer a clearly defined multifamily configuration for residential income use.
Key Highlights
- Eight‑unit apartment property built in 2022
- Approximately 13,489 sq ft of gross building area
- 0.31‑acre corner lot in Donna
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,420
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$788,400
$788.4K
Cap Rate 7%
$563,143
$563.1K
Cap Rate 9%
$438,000
$438.0K
Market Conditions
NOI Build-Up for 4,896 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$81.1K $16.56/SF
− Vacancy
−$9.4K −$1.92/SF
EGI
$71.7K $14.64/SF
− OpEx
−$32.3K −$6.59/SF
NOI
$39.4K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$788,400
Cap Rate 7%
$563,143
Cap Rate 9%
$438,000
Alternative Uses
Best Use
Apartment 5plus
$563.1K
$492.8K – $657.0K
NOI $39,420 @ 7.0% cap · market cap 8.76%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.69M
$3.23M – $4.30M
NOI $258,142 @ 7.0% cap · market cap 57.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newer construction with fenced grounds, paved parking, and individual unit entrances.
Where is this apartment building located?
The property is located at 201 N 5th Street Donna, 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: Eight‑unit apartment property built in 2022; Approximately 13,489 sq ft of gross building area; 0.31‑acre corner lot in Donna
