Lott Rd Donna, TX 78537
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 0 Lott Rd
- Year built
- 1983
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a five-unit apartment complex situated on a substantial 39,072.88 square foot lot in Donna, Texas, zip code 78537. The property, located at 0 Lott Road, Hidalgo County, boasts five individual buildings, each constructed in 1983. Each building offers approximately 1,000 square feet of living space, featuring three bedrooms and one bathroom. The property's strong structural integrity provides a solid foundation for a variety of investment strategies. While some updates and renovations are needed to maximize the property's potential, the existing structure offers a significant advantage for investors seeking a project with substantial upside. The property's location in a growing area presents a compelling opportunity for rental income generation or a profitable flip. This approximately one-acre property represents a rare chance to acquire a multifamily complex with significant potential for return on investment in a desirable Texas market. The asking price for this promising investment is $320,000. This is a unique opportunity to transform this property into a high-income-producing asset.
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
- Donna
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0348
- Latitude
- 26.1392
