301 Soria Dr Laredo, TX 78046
Apartment buildings
Property Features for 301 Soria Dr
General Information
- Standard status
- Active
- Size
- 2,346 SF
- Property subtype
- Multifamily
Listing office Axen Realty LLC
Listing date Feb 25, 2026
Source Crexi
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 Axen Realty LLC
Investment Insights
Based on property information with market context.
Key Highlights
- High 12.53% Cap Rate offers strong investment yield.
- 100% Occupied, providing immediate cash flow.
- Newer Construction (2018 & 2020) minimizes deferred maintenance.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $15.36 |
| − Vacancy | −$2.5k | −$1.04 |
| EGI | $33.6k | $14.32 |
| − OpEx | −$15.1k | −$6.44 |
| NOI | $18.5k | $7.87 |
