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    OFF-MARKET
    Apartment buildings

    1805 Ramirez St, La Joya, TX 78572

    Built 2022
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a newly constructed (2022) four-unit apartment building situated on a spacious 10,234.85 square foot lot in La Joya, Texas. The property consists of two buildings, each housing two units. All four units are identical, boasting three bedrooms and two full bathrooms each. Modern finishes are featured throughout, including stainless steel appliances (stove, refrigerator, microwave, and washer/dryer), tile flooring, quartz countertops, custom kitchens, upgraded mirrors, window blinds, and elegant fixtures. Each unit also includes a private patio. A sprinkler system maintains the property's landscaping. Conveniently located near an expressway for easy commuting and close to a walking park and schools, this fully leased property offers immediate cash flow. The asking price is $525,000. This is an excellent money-making investment property in a desirable location.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 2022
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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