142 Agave St Los Villareales, TX 78584
- Apartment buildings
- 3,743 SF
Current Use by Public Records
- Apartment buildings
Property Details for 142 Agave St
- Year built
- 2019
- Property size
- 3,743 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional 10-unit apartment building presents a lucrative investment opportunity in the thriving Rio Grande City, Texas market. Built in 2019, the property boasts a total of 3,743 square feet situated on a spacious 14,374.8 square foot lot. The building comprises four 2-bedroom, 1-bathroom apartments, each featuring a sizable backyard. Currently 100% occupied, this property offers immediate cash flow. The apartments have been meticulously maintained, and a new perimeter fence enhances security and curb appeal. Its strategic location between Rio Grande City and Roma provides easy access to numerous retail plazas, convenience stores, and other amenities. The property's strong occupancy rate, combined with its modern construction and desirable location, makes it an ideal investment for both seasoned and novice investors seeking a stable and profitable venture in the Texas market. The asking price is $325,000. This is a turnkey operation ready for immediate income generation. The property's solid construction and excellent location promise a strong return on investment. Don't miss this chance to acquire a high-performing multifamily asset in a growing Texas community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Villareales
- County
- Starr
- State
- Texas
- Longitude
- -98.9908
- Latitude
- 26.5362
