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1795 Trevino St Rio Grande City, TX 78582

For Sale
$240,000

Three-unit apartment building, high NOI.

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional three-unit apartment building, located at 1795 Trevino Street in Rio Grande City, Texas, presents a compelling investment opportunity. Built in 2005, the property sits on a spacious 10,507.108 square foot lot and boasts a consistently high net operating income (NOI) due to its consistently high occupancy rate. Each of the three units features two bedrooms and two bathrooms, along with convenient washer and dryer hookups and covered parking for two vehicles. The property has been meticulously maintained, resulting in minimal vacancies over the years. This turnkey investment is situated in the Starr County, Texas, zip code 78582, offering a stable and profitable rental income stream. The property's strong performance history and desirable features make it an attractive option for investors seeking a reliable return on their investment. Note that two additional triplexes in close proximity are also available for purchase from the same seller. This presents a unique opportunity to acquire a portfolio of similar properties in a desirable location. The property's location in Rio Grande City offers a stable rental market and potential for future appreciation.

Property Features for 1795 Trevino St

General Information

Property type
Multifamily properties

Building Details

Year Built
2005
Buildings
1
Units
3

HighLights

  • Three‑unit apartment building in Rio Grande City, TX.
  • Built in 2005, situated on a 10,507.108 sq ft lot.
  • Each unit features two bedrooms, two bathrooms, washer/dryer hookups, and covered parking for two vehicles.
  • High occupancy rate resulting in strong net operating income (NOI).
  • Meticulously maintained, offering a turnkey investment opportunity in zip code 78582.
  • Two additional nearby triplexes available from the same seller.
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 Pharmacy Skin Care Clinic

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
-98.8427409
Latitude
26.3920877

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 1795 Trevino St Rio Grande City, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Three-unit apartment building in Rio Grande City, TX.; Built in 2005, situated on a 10,507.108 sq ft lot.; Each unit features two bedrooms, two bathrooms, washer/dryer hookups, and covered parking for two vehicles.
More about this property
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