Two Multifamily Communities with On-Site
2602 Cleveland St Laredo, TX 78043
2602 Cleveland St, Laredo, TX, 78043
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For Sale
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Owner-financed sale of two apartment communities totaling 52 units, including an on-site laundromat at one property.
Days on Market53
Property Features for 2602 Cleveland St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
RESOLUTIONS NOW
Listed by
Michael Berlanga · License #335359
Source
Crexi
Added: May 30 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 7:06AM
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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
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Location Intelligence
Current Use by Public Records
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Apartment Complex
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Electric Utility Company
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FAQs
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
