5-Unit Multifamily Apartment
For Sale
Contact for pricing
6505 Lima Ln, Mission, TX 78574
Fully occupied apartment property near La Homa Road with on-site parking and an established tenant waitlist.
Property SizeContact for details
Lot Size0.51 Acres
Days on Market144
Property Features for 6505 Lima Ln
General Information
Standard status
Active
Lot size
0.51 Acres
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$12,976
Additional Details
Multifamily Units
5
Building Details
Year Built
2008
Buildings
1
Listing Agency:
Big Realty
(956) 465-0011
Listed By:
Irving Kim · License #693229
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:01AM
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 Big Realty
Investment Insights
Based on property information with market context.
This five-unit multifamily apartment building was constructed in 2008 and sits on a 22,000-square-foot lot. The property is fully occupied and includes on-site parking, with an established waitlist indicating additional tenant demand.
The building is located near La Homa Road in the Mission-Alton area of Mission, Texas. Its existing apartment configuration and occupied status provide a straightforward income-property profile, while the sizable lot adds flexibility for evaluating future property plans subject to applicable approvals.
The building is located near La Homa Road in the Mission-Alton area of Mission, Texas. Its existing apartment configuration and occupied status provide a straightforward income-property profile, while the sizable lot adds flexibility for evaluating future property plans subject to applicable approvals.
Key Highlights
- Five‑unit multifamily apartment building
- Built in 2008
- Fully occupied with a tenant waitlist
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
Demographics for 78574, TX
63,627
Population
18,309
Households
3.5
Avg Household Size
28
Median Age
16%
College-Educated
58%
High-School Grad
51.9 sq mi
ZIP Area
1,226
Density / Sq Mi
$52,536
Median Household Income
$28,029
Median Earnings
$807
Median Rent
$119,000
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 - Fully occupied apartment property near La Homa Road with on-site parking and an established tenant waitlist.
Where is this apartment building located?
The property is located at 6505 Lima Ln Mission, TX.
What are key features of this property?
This property features: Five‑unit multifamily apartment building; Built in 2008; Fully occupied with a tenant waitlist
