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    201 Fresno Ave Los Villareales, TX 78582

    Sponsored
    For Sale
    $975,000

    14-Unit Multifamily, Income-Generating Laundromat

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14-unit apartment building presents a compelling investment opportunity in the thriving city of Roma, Texas. Located at 201 S Fresno Avenue, this property boasts a substantial 28,715.188 square foot lot and comprises a single building constructed in 1996. The complex features fourteen spacious apartments, each offering three bedrooms and one bathroom, providing comfortable living spaces for residents. A key advantage of this property is the inclusion of an income-generating laundromat, adding a significant stream of revenue to the overall investment. This translates to a strong potential return on investment for the astute buyer. The property's location in Roma, TX, offers access to a vibrant community and presents a stable rental market. The asking price for this multifamily asset is $975,000. This turnkey investment is ready for immediate income generation and presents a rare opportunity to acquire a well-established and profitable property in a growing Texas market. The property's size and features make it an ideal addition to any real estate portfolio seeking consistent cash flow and long-term appreciation. Detailed financial information is available upon request. This is a truly exceptional opportunity to acquire a high-performing multifamily property with added income potential.

    Property Features for 201 Fresno Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1996
    Buildings
    1
    Units
    14

    HighLights

    • Asking price: $975,000
    • Multifamily property with 14 units.
    • Located at 201 S Fresno Avenue, Roma, TX 78582.
    • Built in 1996, single building on a 28,715 sq ft lot.
    • Includes an income‑generating laundromat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Villareales
    County
    Starr
    State
    Texas
    Longitude
    -98.7921836
    Latitude
    26.5720043

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    FAQs

    What type of property is this?
    Multifamily property - 14-Unit Multifamily, Income-Generating Laundromat
    Where is this multifamily property located?
    The property is located at 201 Fresno Ave Los Villareales, TX.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Asking price: $975,000; Multifamily property with 14 units.; Located at 201 S Fresno Avenue, Roma, TX 78582.
    Request Owner's contact information
    201 Fresno Ave Los Villareales, TX 78582
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    Los Villareales, 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
    201 Fresno Ave Los Villareales, TX 78582
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