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    Apartment buildings

    1804 Ramirez St, La Joya, TX 78572

    Built 2022
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Mission, Texas, presents a two-building, four-unit apartment complex built in 2022, situated on a 10,234.85 square foot lot. Each of the four units boasts three bedrooms and two full bathrooms, featuring a thoughtfully designed layout with stainless steel appliances (stove, refrigerator, microwave, and washer/dryer). High-end finishes include tile floors, quartz countertops, unique lighting, custom kitchens, upgraded large mirrors, window blinds, and elegant fixtures. Adding to the desirability, each unit includes a private patio. A sprinkler system maintains the property's curb appeal. Conveniently located near an expressway for easy Valley-wide commuting, this property also enjoys a desirable location next to a walking park and schools. The asking price for this fully leased, income-generating property is $525,000. This is an excellent opportunity for investors seeking a strong return on investment in a thriving Texas market.

    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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