Mission Multifamily Investment
911 N Los Ebanos Road Mission, TX 78572
911 N Los Ebanos Road, Mission, TX, 78572
Contact for pricing
For Sale
Contact for pricing
Pending
Investment property in rapidly growing Mission area.
Property Size13,516 SF
Days on Market820
Property Features for 911 N Los Ebanos Road
General Information
- Standard status
- Pending
- Size
- 13,516 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2002
Listing Agency
BorderTown Realty, LLC
Listed by
Marilyn Cortez
Source
Crexi
Added: Apr 20, 2024 Checked: Jul 17 at 1:22 pm
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 BorderTown Realty, LLC
Investment Insights
Based on property information with market context.
This property presents an investment opportunity in the Mission area, a market experiencing rapid growth and attracting new development and residents. The area's long-term demand makes it suitable for investors seeking returns and appreciation. The property's location and ongoing growth position it for income generation and portfolio expansion. The property size is 13516 square feet.
Key Highlights
- Investment potential in a rapidly growing Mission area.
- Strong returns and future appreciation potential.
- Strategic location.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $223.8k | $16.56 |
| − Vacancy | −$26.0k | −$1.92 |
| EGI | $197.9k | $14.64 |
| − OpEx | −$89.0k | −$6.59 |
| NOI | $108.8k | $8.05 |
13,516 SF · lease $16.56/SF/yr · vacancy 11.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.55M
$1.36M – $1.81M
NOI $108,824 @ 7.0% cap · market cap 8.88%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$10.18M
$8.91M – $11.88M
NOI $712,631 @ 7.0% cap · market cap 58.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Investment property in rapidly growing Mission area.
Where is this multifamily property located?
The property is located at 911 N Los Ebanos Road Mission, TX.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Investment potential in a rapidly growing Mission area.; Strong returns and future appreciation potential.; Strategic location.
