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2213 Multi-National Harlingen, TX 78550

For Sale
$470,000

Eight-unit apartment complex, high ROI.

Property size:
3,504 SF

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional investment opportunity presents a fully occupied eight-unit apartment building situated on a 9,600 square foot lot in Harlingen, Texas. Constructed in 2021, the property comprises two buildings with a combined 3,504 square feet of living space. Each of the eight units is meticulously maintained, contributing to high tenant satisfaction and consistent rental income. The property boasts a strong 7%+ capitalization rate, making it an attractive prospect for both seasoned and first-time investors seeking a reliable cash flow stream. Its strategic location offers easy access to the expressway and proximity to the airport, enhancing its appeal to renters and ensuring low vacancy rates. The property's modern construction and desirable location combine to create a compelling investment opportunity with significant potential for long-term growth and profitability. This turnkey operation requires minimal management, making it ideal for passive income generation. The asking price for this exceptional multifamily property is $470,000. Detailed financial statements are available upon request.

Property Features for 2213 Multi-National

General Information

Property type
Multifamily properties
Square Feet
3,504 SF

Building Details

Year Built
2021
Buildings
2
Units
8

Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Map

City
Harlingen
County
Cameron
State
Texas
Longitude
-97.7194933
Latitude
26.2207526

FAQs

What type of property is this?
Multifamily property - Eight-unit apartment complex, high ROI.
Where is this multifamily property located?
The property is located at 2213 Multi-National Harlingen, TX.
What is the asking price?
The asking price for this property is $470,000.
More about this property
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