Property summary
Exceptional investment opportunity awaits with this newly constructed three-unit apartment building located at 5302 Vision Street, Rio Grande City, Texas, 78582. This property boasts a prime location near major shopping centers, schools, hospitals, and highways, ensuring high tenant demand. The complex comprises two buildings, each featuring two-bedroom, one-bathroom units, totaling three units in all. Built in 2024, this property sits on a spacious 5,719.86 square foot lot. The asking price is $330,000. Tenants are responsible for their own utilities, minimizing owner expenses and maximizing rental income potential. The property's strategic location and the potential for strong rental income make this a stable investment with significant long-term growth prospects. This is a rare opportunity to acquire a newly built multifamily property in a thriving market, offering immediate cash flow and substantial future appreciation. Don't miss this chance to secure your position in this dynamic real estate market. Projected completion is within eight weeks.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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