32-Unit Multifamily Investment
5007 E US Highway 83 Rio Grande City, TX 78582
5007 E US Highway 83, Rio Grande City, TX, 78582
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For Sale
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32-unit multifamily property with recent renovations and strong rental demand.
Property Size26,770 SF
Price / SF$67.24
Days on Market722
Property Features for 5007 E US Highway 83
General Information
- Standard status
- Active
- Size
- 26,770 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2005
Listing Agency
JUST REALTY
Listed by
Monica Rodriguez Garza
Source
Crexi
Added: Jul 30, 2024 Updated: Jul 6 at 7:49 am Checked: Jul 20 at 3:44 am
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Investment Insights
Based on property information with market context.
This property features 32 units located in South Texas. Renovations have been completed over the last 4 years, including updates to roofs, A/C units, the parking area, and appliances. The roof was replaced as of 2021. Some units have been renovated with new and/or refurbished appliances. The parking area has been updated. The property is located in close proximity to shopping and restaurants. The region has been growing and developing rapidly, contributing to strong rental demand. The property size is 26770 square feet.
Key Highlights
- 32‑unit multi‑family property in a growing South Texas region.
- Significant renovations completed, including roofs replaced in 2021 and parking area.
- Opportunity to increase rental income.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - 32-unit multifamily property with recent renovations and strong rental demand.
Where is this apartment building located?
The property is located at 5007 E US Highway 83 Rio Grande City, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 32‑unit multi‑family property in a growing South Texas region.; Significant renovations completed, including roofs replaced in 2021 and parking area.; Opportunity to increase rental income.
