Property summary
This Mission, Texas apartment building presents a compelling investment opportunity. Priced at $365,000, this property boasts four units situated on a 9,247.788 square foot lot. Built in 2001, the single-building complex includes two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, each approximately 700 square feet. The total living area is 2800 square feet. The property features a chain-link fence, covered canopy porch/carport, and includes stoves and refrigerators. Individual utility meters are in place: four electricity meters and one water meter. Safety features include smoke detectors. The property's tax legal description is T0940-03-000-01010-00, and it's zoned B1. This is Lot #101 and has a strong rental history. The seller owns three similar 4-plexes totaling twelve units, potentially suitable for a 1031 exchange transaction. This is a .21-acre lot.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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