Property profile

5321 Vision St La Grulla, TX 78582

OFF-MARKET
Apartment buildings
Built 2024
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Property summary

AI-generated overview

Exceptional investment opportunity awaits with this newly constructed three-unit apartment building located at 5321 Vision Street, Rio Grande City, Texas, 78582. This property boasts a prime location near major shopping centers, schools, hospitals, and highways, ensuring high tenant demand. The complex comprises two buildings, each housing a portion of the three units, all featuring two bedrooms and one bathroom. Built in 2024, this property sits on a generous 5,719.86 square foot lot. The asking price is $330,000. Tenants are responsible for their own utilities, minimizing the owner's operational expenses. This triplex presents a stable income stream with significant potential for long-term growth and appreciation in the thriving Rio Grande City real estate market. The property is estimated to be completed within eight weeks, making it an ideal investment for immediate returns. This is a rare opportunity to acquire a turnkey multifamily property in a desirable location with strong rental prospects. Don't miss out on this chance to secure a profitable addition to your investment portfolio.

Property profile

Verified
Property type Apartment buildings
Year built 2024

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5321 Vision St La Grulla, TX 78582
La Grulla metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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