2809 Israel Ave Mission, TX 78572
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2809 Israel Ave
- Year built
- 2023
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional 2023-built, four-unit apartment building presents a compelling investment opportunity in the desirable Sunterra subdivision of Mission, Texas. Situated on a spacious 11,326 square foot lot, the property comprises two buildings, each housing two units. All four units boast a consistent and highly desirable floor plan: three bedrooms and two bathrooms. Modern finishes and included appliances enhance the appeal to tenants. The property's location offers convenient access to local amenities, schools, shopping, and recreational facilities, ensuring high occupancy rates and strong rental income potential. The uniform unit design simplifies management and maintenance, making this an ideal investment for both seasoned and novice real estate investors. The asking price of $535,000 reflects the property's exceptional condition, prime location, and strong rental demand in the Mission, Texas market. This turnkey investment is ready for immediate income generation. The property's new construction status minimizes immediate maintenance concerns, allowing for a smooth transition into ownership and management. This is a rare opportunity to acquire a high-quality, multifamily property in a thriving Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3746
- Latitude
- 26.1989