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    Lott Rd Donna, TX 78537

    For Sale
    $320,000

    Five-unit apartment complex, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a five-unit apartment complex situated on a substantial 39,072.88 square foot lot in Donna, Texas, zip code 78537. The property, located at 0 Lott Road, Hidalgo County, boasts five individual buildings, each constructed in 1983. Each building offers approximately 1,000 square feet of living space, featuring three bedrooms and one bathroom. The property's strong structural integrity provides a solid foundation for a variety of investment strategies. While some updates and renovations are needed to maximize the property's potential, the existing structure offers a significant advantage for investors seeking a project with substantial upside. The property's location in a growing area presents a compelling opportunity for rental income generation or a profitable flip. This approximately one-acre property represents a rare chance to acquire a multifamily complex with significant potential for return on investment in a desirable Texas market. The asking price for this promising investment is $320,000. This is a unique opportunity to transform this property into a high-income-producing asset.

    Property Features for 0 Lott Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1983
    Buildings
    5
    Units
    5

    HighLights

    • Asking price: $320,000
    • Multifamily property with 5 units
    • Located in Donna, TX, 78537
    • 1‑acre lot (39,072.88 sq ft)
    • Built in 1983
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0347707
    Latitude
    26.1391612

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    FAQs

    What type of property is this?
    Multifamily property - Five-unit apartment complex, great potential.
    Where is this multifamily property located?
    The property is located at Lott Rd Donna, TX.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Asking price: $320,000; Multifamily property with 5 units; Located in Donna, TX, 78537
    Request Owner's contact information
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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
    Lott Rd Donna, TX 78537
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