Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    200-300 Cub Cir La Feria, TX 78559

    For Sale
    $2,250,000

    20-Unit Apartment Complex, High Occupancy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional multifamily investment opportunity in La Feria, Texas, presents a portfolio of six meticulously maintained apartment buildings situated on two separate lots totaling 32,233.96 square feet. The property consists of twenty units, divided equally between two 4-plex and two 3-plex buildings. Each unit boasts two bedrooms and one and a half bathrooms, offering 966 square feet of comfortable living space. Constructed in 2021, these Class C buildings are currently experiencing a 90% occupancy rate, demonstrating strong rental demand. The combined living area across all units totals 19,320 square feet. Located at 200-300 Cub Circle, La Feria, TX 78559, this property offers a compelling return on investment in a thriving Texas market. The address is conveniently located in Cameron County. This turnkey investment is priced at $2,250,000 and presents a rare chance to acquire a well-maintained, high-occupancy multifamily property with significant potential for future growth. The property's strong performance and desirable location make it an attractive addition to any investment portfolio.

    Property Features for 200-300 Cub Cir

    General Information

    Property type
    Multifamily properties
    Class
    C

    Building Details

    Year Built
    2021
    Buildings
    6
    Units
    20

    HighLights

    • $2,250,000 asking price.
    • 20‑unit multifamily apartment building.
    • Class C property built in 2021.
    • Located in La Feria, TX (78559), on a 0.74‑acre lot.
    • Six buildings total (two 4‑plexes and two 3‑plexes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Hotel & Motel Department Store Grocery Store Food Market Furniture Store Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.8256413
    Latitude
    26.1701323

    Nearby Similar for Sale

    • $200,000
      3,320 SF

      Multifamily Investment Opportunity in LA FERIA

      Multifamily property with duplex, mobile home, apartment, and camper.
      13973 Pomegranite Ln, La Feria, TX 78559
      View Details
    • $600,000
      2,800 SF

      Multifamily Property in La Feria

      Multifamily property with apartments, home, and RV pads.
      24529 Fm 506, La Feria, TX 78559
      View Details
    • $2,150,000
      19,372 SF

      Multifamily Investment Opportunity in La Feria

      Well-maintained multifamily property with strong occupancy rate in La Feria.
      300 Cub Cir, La Feria, TX 78559
      View Details
    • $2,100,000
      15,744 SF

      New Multifamily Community in La Feria

      New 16-unit multifamily property built in 2022 in La Feria.
      405 Lion's Villa Ave, La Feria, TX 78559
      View Details
    • $395,000
      4,474 SF

      Turnkey Restaurant in La Feria

      Fully equipped restaurant for sale in downtown La Feria, TX.
      900 S Main St, La Feria, TX 78559
      View Details
    • $269,900
      1,908 SF

      Charming Duplex Investment Opportunity

      Duplex with modern finishes, private yards, and highway access.
      2114 E Vly Cir, La Feria, TX 78559
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 20-Unit Apartment Complex, High Occupancy
    Where is this multifamily property located?
    The property is located at 200-300 Cub Cir La Feria, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: $2,250,000 asking price.; 20-unit multifamily apartment building.; Class C property built in 2021.
    Request Owner's contact information
    200-300 Cub Cir La Feria, TX 78559
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200-300 Cub Cir
    La Feria, TX 78559
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    200-300 Cub Cir La Feria, TX 78559
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.