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    215 6Th St Donna, TX 78537

    For Sale
    $350,000

    Four-unit apartment building, fully occupied, great ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional four-unit apartment building, located at 215 N 6th Street in Donna, Texas, presents a compelling investment opportunity. Built in 2005, this property sits on a sizable 11,251.98 square foot lot and is currently fully occupied, generating immediate cash flow. Each of the four units features two bedrooms and two bathrooms, providing comfortable living spaces for tenants. Individual water and electric meters for each unit streamline utility management and maximize profitability by minimizing landlord expenses. A significant advantage is the brand new roof installed in September 2024, eliminating immediate roof replacement concerns. The property's convenient location near Donna's Main Street adds to its appeal. This multifamily property is ideal for both seasoned investors seeking a stable income stream and newcomers looking to enter the real estate market. The asking price is $350,000. This turnkey investment offers a rare chance to acquire a profitable and well-maintained property in a desirable location. Don't miss this chance to secure your financial future.

    Property Features for 215 6Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2005
    Buildings
    1
    Units
    4

    HighLights

    • $350,000 asking price.
    • Four‑unit apartment building (duplex/triplex/quadruplex).
    • Located at 215 N 6th Street, Donna, TX 78537.
    • Built in 2005, situated on an 11,251 sq ft lot.
    • Fully occupied, providing immediate cash flow.
    • Each unit features 2 bedrooms and 2 bathrooms with individual utility meters.
    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 Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0574512
    Latitude
    26.1748433

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, fully occupied, great ROI.
    Where is this multifamily property located?
    The property is located at 215 6Th St Donna, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; Four-unit apartment building (duplex/triplex/quadruplex).; Located at 215 N 6th Street, Donna, TX 78537.
    Request Owner's contact information
    215 6Th St Donna, TX 78537
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    Donna, TX 78537
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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
    215 6Th St Donna, TX 78537
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