You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

212 Alex Ave La Joya, TX 78560

OFF-MARKET Apartment buildings Google Maps
Built 2022
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 8-unit apartment building presents a compelling investment opportunity in the thriving city of La Joya, Texas. Constructed in 2022, this property boasts a prime location on a 0.42-acre lot (18,195 sq ft) at 212 S Alex Avenue, zip code 78560, Hidalgo County. The single building complex offers a fully covered parking area for resident convenience. Each of the eight units features central air conditioning and in-unit washer/dryer connections, enhancing tenant appeal and satisfaction. La Joya's robust population growth and increasing demand for rental properties create a stable and promising market for this asset. The property's high occupancy rate and consistent income stream make it an ideal addition to any investment portfolio, offering excellent potential for long-term growth and diversification. This turnkey investment is ready for immediate income generation, providing a strong return on investment in a rapidly developing area of the Rio Grande Valley. The property's modern construction and desirable amenities ensure continued high occupancy and rental income. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a high-growth market. The asking price is $1,150,000.

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 212 Alex Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message