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Property profile & analytics
OFF-MARKET
Apartment buildings

707 Pedro St Mission, TX 78572

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 707 Pedro Street in Mission, Texas, 78572. Completed in 2024, this property offers a total of 4,188 square feet of living space spread across two buildings situated on a generous 10,798.088 square foot lot. The property is ideally positioned for convenient access to the expressway, shopping centers, and schools, making it an attractive option for tenants. As part of a well-maintained homeowner's association (HOA), this property benefits from shared maintenance and amenities, minimizing the burden of property upkeep for the owner. The asking price for this multifamily property is $535,000. This fourplex presents a compelling investment opportunity for those seeking a lucrative return or a builder looking for a prime location to expand their portfolio. The property's modern features, prime location, and the added benefit of HOA management make it a truly desirable investment. The property's new construction ensures minimal maintenance needs in the near future, maximizing potential rental income. This is a turnkey opportunity not to be missed.

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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