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8207 Silverado Dr Mission, TX 78574

For Sale
$590,000

Five-unit apartment building, fully leased.

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional 5-unit apartment building, situated on a spacious 1.014-acre corner lot in Mission, Texas, presents a compelling investment opportunity. Built in 2016, the property boasts a prime location at the intersection of La Homa Road and Silverado Circle, offering excellent visibility and accessibility. Each of the five units features two bedrooms and one bathroom, complete with included washer, dryer, stove, and refrigerator appliances. Currently operating at 100% occupancy, this fully leased property generates immediate cash flow. The single building structure simplifies management and maintenance, minimizing operational complexities. The substantial lot size provides ample space for potential future expansion or development, adding further value to this already attractive investment. With its strong rental income, desirable location, and modern construction, this property represents a rare opportunity to acquire a high-performing multifamily asset in a thriving Texas market. The property's 2016 construction ensures modern amenities and reduced maintenance needs, contributing to a strong return on investment. This turnkey investment is ready for an immediate addition to your portfolio. The property address is 8207 Silverado North Drive, Mission, TX 78574, within Hidalgo County.

Property Features for 8207 Silverado Dr

General Information

Property type
Multifamily properties
Lot Size
44,170 SF

Building Details

Year Built
2016
Buildings
1
Units
5

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Mission
County
Hidalgo
State
Texas
Longitude
-98.3409113
Latitude
26.346435

FAQs

What type of property is this?
Multifamily property - Five-unit apartment building, fully leased.
Where is this multifamily property located?
The property is located at 8207 Silverado Dr Mission, TX.
What is the asking price?
The asking price for this property is $590,000.
More about this property
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