220 Huisache St Rio Grande City, TX 78582
This exceptional investment opportunity presents a well-maintained three-unit apartment building located at 220 Huisache Street, Rio Grande City, Texas, 78582. Constructed in 2008, this property sits on a spacious 11,499.84 square foot lot. The building comprises three individual units, each boasting two bedrooms and two bathrooms, complete with convenient washer and dryer hookups. Each unit also offers covered parking for two vehicles. This triplex has a proven track record of consistent occupancy, demonstrating a high net operating income (NOI) with minimal vacancies over the years. The asking price for this property is $245,000. Note that two additional triplexes in close proximity are also available for purchase from the same seller. This presents a unique opportunity to acquire a portfolio of similar properties in a desirable location. The property's strong rental history and desirable features make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the Rio Grande City market. This is a turnkey investment ready for immediate income generation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.