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    200 Huisache St Rio Grande City, TX 78582

    For Sale
    $255,000

    Three-unit apartment building, high NOI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional three-unit apartment building, located at 200 Huisache Street in Rio Grande City, Texas, presents a compelling investment opportunity. Built in 2014, this well-maintained property boasts a spacious 14,809.96 square foot lot and consistently maintains 100% occupancy, resulting in a high net operating income. Each of the three units offers a comfortable layout featuring two bedrooms and two bathrooms, complete with convenient washer and dryer hookups. Ample parking is provided, with two covered spaces allocated to each unit. The property's strong performance history and desirable features make it an attractive addition to any investment portfolio. Note that two similar triplexes in close proximity are also available for purchase from the same seller. This presents a unique opportunity to acquire a portfolio of income-generating properties in a desirable location. The property is situated in Starr County, Texas, with the zip code 78582. This turnkey investment is ready for immediate income generation.

    Property Features for 200 Huisache St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2014
    Buildings
    1
    Units
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.8406904
    Latitude
    26.3898763

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit apartment building, high NOI.
    Where is this multifamily property located?
    The property is located at 200 Huisache St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $255,000.
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    200 Huisache St Rio Grande City, TX 78582
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    Rio Grande City, TX 78582
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    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 Huisache St Rio Grande City, TX 78582
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