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1301 Morwil St Mission, TX 78572

For Sale
$3,600,000

32-Unit Multifamily Investment Opportunity

Description

Added:
Dec 11, 2024
Days on Market:
367
This exceptional 32-unit apartment complex, located at 1300 and 1301 Morwil Street in Mission, Texas, presents a compelling investment opportunity. Built in 2012, this modern property boasts two buildings situated on a substantial 34,300.88 square foot lot. The complex's prime location offers convenient access to the expressway and Bryan Road, ensuring easy commutes for residents. Its proximity to the Mission Police Department enhances security and peace of mind. Nearby educational institutions include Castro Elementary School, Mission J High School, and Veterans Memorial High School, making it an attractive location for families. Residents also enjoy easy access to several parks, including Mission Parks & Recreation, McKinney Park, and Astroland Park. The property's strong tenant base is a testament to its desirability, with many residents having occupied their units for over seven years. The asking price for this remarkable asset is $3,600,000. The seller is open to owner financing with a $1,000,000 down payment, making this an even more attractive proposition for qualified buyers. This is a rare chance to acquire a well-established, high-performing multifamily property in a thriving Texas market. The property's excellent location, strong tenant history, and potential for owner financing combine to create a truly unique investment opportunity. Don't miss out on this chance to add a valuable asset to your portfolio.

Property Features for 1301 Morwil St

General Information

Property type
Multifamily properties

Building Details

Year Built
2012
Buildings
2
Units
32

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mor-Wil Apartments Apartment Complex

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Mission
County
Hidalgo
State
Texas
Longitude
-98.3119665
Latitude
26.2101734

FAQs

What type of property is this?
Multifamily property - 32-Unit Multifamily Investment Opportunity
Where is this multifamily property located?
The property is located at 1301 Morwil St Mission, TX.
What is the asking price?
The asking price for this property is $3,600,000.
More about this property
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