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Property profile & analytics
OFF-MARKET
Apartment buildings

5302 Vision St La Grulla, TX 78582

Built 2024
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity awaits with this newly constructed three-unit apartment building located at 5302 Vision Street, Rio Grande City, Texas, 78582. This property boasts a prime location near major shopping centers, schools, hospitals, and highways, ensuring high tenant demand. The complex comprises two buildings, each featuring two-bedroom, one-bathroom units, totaling three units in all. Built in 2024, this property sits on a spacious 5,719.86 square foot lot. The asking price is $330,000. Tenants are responsible for their own utilities, minimizing owner expenses and maximizing rental income potential. The property's strategic location and the potential for strong rental income make this a stable investment with significant long-term growth prospects. This is a rare opportunity to acquire a newly built multifamily property in a thriving market, offering immediate cash flow and substantial future appreciation. Don't miss this chance to secure your position in this dynamic real estate market. Projected completion is within eight weeks.

Property profile
Verified
Property type Apartment buildings
Year built 2024
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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