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    902 Ozaka St Roma, TX 78584

    For Sale
    $169,000

    Four-unit apartment building, great ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional four-unit apartment building presents a compelling investment opportunity in the vibrant city of Roma, Texas. Located at 902 Ozaka Street, this 1984-constructed property sits on a generous 4,575.978 square foot lot. The building comprises four units: two spacious two-bedroom, one-bathroom apartments and two comfortable one-bedroom, one-bathroom apartments. Each unit boasts its own independent water and electric meters, ensuring efficient utility management and tenant responsibility for all utility costs. This translates to a streamlined approach to property management and maximized rental income. The property's convenient location places it within easy reach of local restaurants and shopping amenities, enhancing its appeal to potential tenants and contributing to consistent occupancy rates. The asking price for this well-maintained multifamily property is $169,000, representing a strong value proposition in the current market. This is an ideal investment for those seeking a stable, income-generating asset in a thriving Texas community. The property's solid construction and desirable features make it a low-maintenance investment with significant potential for long-term growth and profitability. Don't miss this chance to acquire a prime multifamily investment in Roma, Texas.

    Property Features for 902 Ozaka St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1984
    Buildings
    1984
    Units
    4

    HighLights

    • $169,000 asking price.
    • Four‑unit multifamily apartment building.
    • Located at 902 Ozaka Street, Roma, TX 78574.
    • Built in 1984 on a 4,576 sq ft lot.
    • Two 2‑bedroom/1‑bathroom units and two 1‑bedroom/1‑bathroom units.
    • Each unit has separate water and electric meters; tenants pay all utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Roma
    County
    Starr
    State
    Texas
    Longitude
    -99.0130877
    Latitude
    26.4108724

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, great ROI.
    Where is this multifamily property located?
    The property is located at 902 Ozaka St Roma, TX.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: $169,000 asking price.; Four-unit multifamily apartment building.; Located at 902 Ozaka Street, Roma, TX 78574.
    Request Owner's contact information
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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
    902 Ozaka St Roma, TX 78584
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