101 Calton Rd Laredo, TX 78041
- Residential income homes
- 1,401 SF
Current Use by Public Records
- Laredo Photography & Video / Photography Service
- Caballero's Multi-Media Advertising Consulting / Advertising Agency / Internet Marketing Service
Property Details for 101 Calton Rd
- Property size
- 1,401 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents eight units within the Calton Heights Condominium, located at 101 Calton Rd, Laredo, Texas 78041, Webb County, zip code 78041. The portfolio consists of eight units, each featuring three bedrooms and two and a half bathrooms. Each unit includes the convenience of an attached carport. The units are spread across a two-story building, with a desirable floor plan that includes a master bedroom on the ground floor. The total square footage ranges from 1,401 to 1,421 square feet across the units. Currently boasting 100% occupancy, this property offers immediate cash flow. The asking price for the entire portfolio is $1,340,000, representing a price per unit of $167,500. This multifamily property presents a compelling investment opportunity in a desirable Laredo location, combining modern design with strong rental potential. The property's prime location and well-designed units contribute to its high occupancy rate and attractive return on investment. This is a rare chance to acquire a turnkey multifamily portfolio in a thriving Texas market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.4952
- Latitude
- 27.5425