105 10Th St Mercedes, TX 78570
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17-Unit Apartment Complex, High ROI
Property Features for 105 10Th St
General Information
- Property type
- Multifamily properties
- Lot Size
- 45,999 SF
Building Details
- Year Built
- 1989
- Buildings
- 4
- Units
- 17
Listing Agency: HCH Realty Listing Agent: Cecilia Olivarez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional multifamily investment opportunity presents a 17-unit apartment complex ideally situated in the heart of Mercedes, Texas. The property, located at 105 E 10th Street, comprises four buildings on a spacious 1.056-acre lot, offering ample parking. Built in 1989, the complex features seventeen 2-bedroom, 1-bathroom units, each designed for comfortable living. Fifteen units boast tile flooring, enhancing their appeal and durability. The property benefits from on-site laundry facilities, with washers and dryers included in the sale, along with the gas water heater. Roof shingles were recently replaced in 2019, minimizing future maintenance concerns. Appliances are updated as needed, ensuring consistent functionality and tenant satisfaction. The property enjoys a strong rental history, demonstrating its consistent income-generating potential. Its convenient location near schools, a science academy, and the Mercedes Outlet Mall adds to its desirability. This turnkey investment offers a compelling opportunity for immediate income and long-term growth in a thriving Texas market. The asking price for this exceptional property is $1,200,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Small apartment buildings
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.909005162808
- Latitude
- 26.142295098408
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FAQs
What type of property is this?
Multifamily property - 17-Unit Apartment Complex, High ROI
Where is this multifamily property located?
The property is located at 105 10Th St 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: 17-unit multifamily property in Mercedes, TX.; Located at 105 E 10th Street on a 1.056-acre lot with ample parking.; Built in 1989, featuring seventeen 2-bedroom, 1-bathroom units.
