Current Use by Public Records
- Apartment buildings
Property Details for 7102 56 Ln
- Year built
- 2021
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional fourplex in Mission, Texas, presents a compelling investment opportunity. Built in 2021, the property comprises two buildings situated on a spacious 10,920 square foot lot. The four units offer a mix of modern amenities designed to attract and retain tenants. Two units boast three bedrooms and two bathrooms each, featuring spacious layouts, contemporary finishes, and energy-efficient appliances. Tenant satisfaction is prioritized with in-unit laundry facilities and covered parking. The property's consistent strong occupancy rate demonstrates its appeal and potential for reliable rental income. The asking price is $540,000. This property is ideally suited for both seasoned investors seeking portfolio expansion and first-time investors looking for a stable, cash-flowing asset with significant growth potential. The location in Mission, TX, offers a desirable market for rental properties. This turnkey investment promises a steady stream of income and a strong return on investment. Don't miss this chance to acquire a well-maintained, high-demand multifamily property in a thriving Texas market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmhurst
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2716
- Latitude
- 26.2729
