105 E 10th Street Mercedes, TX 78570

Building Details

Year Built

1989

Listing office HCH Realty c***@hchrealty.us Show Phone

Listing date Mar 15, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

This multifamily property features 16 units across five buildings, situated on approximately one acre in downtown Mercedes. Each apartment includes two bedrooms and one bathroom. On-site laundry facilities are available. The property offers ample parking. Roof shingles were replaced in 2019, and 15 apartments feature tile flooring. Appliances are replaced as needed. The property has a history of rental income. Washers and dryers are owned outright and will be conveyed with the sale, along with the gas water heater. The property is conveniently located near schools, a science academy, and the Mercedes Outlet Mall.

Key Highlights

• Income‑generating 16‑unit multifamily property.
• All units are 2 bedrooms and 1 bath.
• Onsite laundry facilities with included washers and dryers.

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FAQs

What type of property is this?

Apartment building - 16-unit multifamily property with on-site laundry in downtown Mercedes.

Where is this apartment building located?

The property is located at 105 E 10th Street Mercedes, TX.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Income‑generating 16‑unit multifamily property.; All units are 2 bedrooms and 1 bath.; Onsite laundry facilities with included washers and dryers.