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Property profile & analytics
OFF-MARKET
Apartment buildings

200-300 Cub Cir La Feria, TX 78559

Built 2021
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2021
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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