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    201 8Th St Donna, TX 78537

    For Sale
    $499,000

    Six-unit apartment complex, great location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents a six-unit multifamily property ideally situated in Donna, Texas. The property comprises four buildings: two single-family homes and two duplexes, all currently occupied by tenants, providing immediate cash flow. Located at 201 & 203 N 8th Street W, 78537, this property benefits from its convenient proximity to local schools and the expressway, ensuring high tenant demand and occupancy rates. The combined lot size spans an impressive 7,501.032 square feet (approximate dimensions, verification recommended). Constructed in 1967, the buildings offer a solid foundation for continued rental income. The asking price is $499,000. This is an "as is" sale. Individual 3D tours are available for each unit. This property represents a compelling investment opportunity in a thriving Texas market. The property is located in Hidalgo County. The address is 201 & 203 N 8th Street W, Donna, TX 78537.

    Property Features for 201 8Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1967
    Buildings
    4
    Units
    6

    HighLights

    • $499,000 asking price.
    • Multifamily property with six units.
    • Apartment building/duplex/triplex/quadruplex configuration consisting of four buildings.
    • 1967 construction.
    • 7,501 square foot lot.
    • Located at 201 & 203 N 8th Street W, Donna, TX 78537.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0552216
    Latitude
    26.1736603

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    FAQs

    What type of property is this?
    Multifamily property - Six-unit apartment complex, great location.
    Where is this multifamily property located?
    The property is located at 201 8Th St Donna, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: $499,000 asking price.; Multifamily property with six units.; Apartment building/duplex/triplex/quadruplex configuration consisting of four buildings.
    Request Owner's contact information
    201 8Th St Donna, TX 78537
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    Donna, TX 78537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 8Th St Donna, TX 78537
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