21-Unit Apartment
For Sale
Contact for pricing
212 N 5th St, Donna, TX 78539
Fully leased multifamily asset with one- and two-bedroom floor plans and corresponding one- and two-bath layouts.
Property Size12,016 SF
Price / SF$133.16
Days on Market185
Property Features for 212 N 5th St
General Information
Standard status
Active
Size
12,016 SF
Property subtype
Multifamily
Zoning
DONNA ORIGINAL TOWNSITE
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$121,000
Units
Unit Mix
19 x 1BR/1BA, 2 x 2BR/2BA
Multifamily Units
21
Building Details
Year Built
2019
Buildings
3
Stories
1
Units
21
Tenancy
Multi
Listing Agency:
Effective Real Estate
Listed By:
Esteban Flores · License #TX
(956) 322-8522
Source:
Crexi
Added: Apr 19
Changed: Oct 11
Last Checked: Oct 19 at 5:06AM
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 Effective Real Estate
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Investment Insights
Based on property information with market context.
Located at 212 N 5th Street in Donna, Texas, this 21-unit apartment property was completed in 2019 and contains 12,016 square feet. The unit mix includes 19 one-bedroom, one-bath apartments and two two-bedroom, two-bath apartments.
All units are leased, and the property is producing a cap rate of 9%+. The combination of recent construction, defined unit mix, and current leasing status provides a clear overview of the asset’s existing configuration.
All units are leased, and the property is producing a cap rate of 9%+. The combination of recent construction, defined unit mix, and current leasing status provides a clear overview of the asset’s existing configuration.
Key Highlights
- 21 total apartment units
- 19 one‑bedroom, one‑bath units and 2 two‑bedroom, two‑bath units
- 12,016 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,746
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,934,920
$1.9M
Cap Rate 7%
$1,382,086
$1.4M
Cap Rate 9%
$1,074,956
$1.1M
Market Conditions
NOI Build-Up for 12,016 SF
Gross rent
$199.0K $16.56/SF
− Vacancy
−$23.1K −$1.92/SF
EGI
$175.9K $14.64/SF
− OpEx
−$79.2K −$6.59/SF
NOI
$96.7K $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 Rate 5%
$1,934,920
Cap Rate 7%
$1,382,086
Cap Rate 9%
$1,074,956
Alternative Uses
Best Use
Apartment 5plus
$1.38M
$1.21M – $1.61M
NOI $96,746 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$9.05M
$7.92M – $10.56M
NOI $633,544 @ 7.0% cap · market cap 39.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
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
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily asset with one- and two-bedroom floor plans and corresponding one- and two-bath layouts.
Where is this apartment building located?
The property is located at 212 N 5th St Donna, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 21 total apartment units; 19 one‑bedroom, one‑bath units and 2 two‑bedroom, two‑bath units; 12,016 square feet
