2000 Circe Dr Mission, TX 78572
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2000 Circe Dr
- Year built
- 2009
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully leased three-unit apartment building situated on an 8,451 square foot lot in Mission, Texas. Built in 2009, the property comprises one building featuring two 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit, ensuring a diverse tenant base. Currently boasting 100% occupancy, this triplex offers immediate and stable cash flow, with a 7% capitalization rate. The property's prime location within a desirable neighborhood provides easy access to parks, highly-rated schools, and the expressway, enhancing its appeal to renters. The area's former association with a golf course community adds to its desirability, with nearby amenities including a tennis court and scenic bike trails. This is a turnkey investment ready to generate immediate returns for a qualified buyer. The asking price is $335,500. The property is located at 2000 Circe Drive, Mission, TX 78572.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.352
- Latitude
- 26.1974
