Two Multifamily Communities with On-Site
For Sale
Contact for pricing
2602 Cleveland St, Laredo, TX 78043
Owner-financed sale of two apartment communities totaling 52 units, including an on-site laundromat at one property.
Property SizeContact for details
Days on Market98
Property Features for 2602 Cleveland St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
52
Building Details
Units
52
Tenancy
Multi
Listing Agency:
RESOLUTIONS NOW
Listed By:
Michael Berlanga · License #335359
Source:
Crexi
Added: May 30
Changed: Aug 26
Last Checked: Sep 3 at 12:54AM
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 RESOLUTIONS NOW
Investment Insights
Based on property information with market context.
This offering presents a two-property multifamily portfolio with a combined total of 52 apartment units. The first community, located at 2602 Cleveland Street, contains 18 units. The second community, located at 5120 San Francisco Avenue, contains 34 units and includes an on-site laundromat.
The properties are being offered exclusively through direct owner financing, making this a streamlined option for qualified buyers seeking to acquire multiple apartment communities within a single transaction. Each community operates as a separate apartment building within the portfolio.
For investors or owner-operators focused on residential income real estate, the portfolio’s structure supports straightforward underwriting across two assets with a clear unit count and an amenity already in place at one of the buildings. The on-site laundromat at the 34-unit property provides an on-site convenience for residents and can be a practical differentiator within a multifamily setting. As presented, the combination of two apartment communities and defined unit totals may appeal to buyers who want to manage their acquisition plan around a small, contained portfolio rather than a larger spread of properties.
The properties are being offered exclusively through direct owner financing, making this a streamlined option for qualified buyers seeking to acquire multiple apartment communities within a single transaction. Each community operates as a separate apartment building within the portfolio.
For investors or owner-operators focused on residential income real estate, the portfolio’s structure supports straightforward underwriting across two assets with a clear unit count and an amenity already in place at one of the buildings. The on-site laundromat at the 34-unit property provides an on-site convenience for residents and can be a practical differentiator within a multifamily setting. As presented, the combination of two apartment communities and defined unit totals may appeal to buyers who want to manage their acquisition plan around a small, contained portfolio rather than a larger spread of properties.
Key Highlights
- Owner‑financed offering of two multifamily apartment communities totaling 52 units
- 2602 Cleveland Street: 18‑unit multifamily property
- 5120 San Francisco Avenue: 34‑unit multifamily property
Property Analytics
Property Profile
Current Use
Lease Details
52
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
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
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 - Owner-financed sale of two apartment communities totaling 52 units, including an on-site laundromat at one property.
Where is this apartment building located?
The property is located at 2602 Cleveland St Laredo, TX.
What are key features of this property?
This property features: Owner‑financed offering of two multifamily apartment communities totaling 52 units; 2602 Cleveland Street: 18‑unit multifamily property; 5120 San Francisco Avenue: 34‑unit multifamily property
