200-300 Cub Cir La Feria, TX 78559
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 200-300 Cub Cir
- Year built
- 2021
- Property type
- Apartment buildings
Description
This exceptional multifamily investment opportunity in La Feria, Texas, presents a portfolio of six meticulously maintained apartment buildings situated on two separate lots totaling 32,233.96 square feet. The property consists of twenty units, divided equally between two 4-plex and two 3-plex buildings. Each unit boasts two bedrooms and one and a half bathrooms, offering 966 square feet of comfortable living space. Constructed in 2021, these Class C buildings are currently experiencing a 90% occupancy rate, demonstrating strong rental demand. The combined living area across all units totals 19,320 square feet. Located at 200-300 Cub Circle, La Feria, TX 78559, this property offers a compelling return on investment in a thriving Texas market. The address is conveniently located in Cameron County. This turnkey investment is priced at $2,250,000 and presents a rare chance to acquire a well-maintained, high-occupancy multifamily property with significant potential for future growth. The property's strong performance and desirable location make it an attractive addition to any investment portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Feria
- County
- Cameron
- State
- Texas
- Longitude
- -97.8256
- Latitude
- 26.1701
