225-233 4Th St La Joya, TX 78560
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 225-233 4Th St
- Year built
- 1985
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional multifamily investment opportunity in La Joya, Texas, presents a compelling chance to acquire a six-unit apartment building situated on a substantial 19,185.13 square foot lot. Built in 1985, the property comprises six individual buildings, each housing a single apartment unit. The asking price is $520,000. While five units are ready for immediate occupancy, one unit requires interior renovations, offering a savvy investor the chance to increase property value through strategic improvements and customization. This presents a unique opportunity to boost rental income and overall return on investment. The property's location in the heart of La Joya provides convenient access to local amenities and a thriving community. This listing encompasses three combined properties (MLS# 450205, MLS# 450231, MLS# 450239), which are also available for individual purchase. The property's size and layout make it ideal for both investors seeking to expand their portfolio and owner-occupants looking to generate rental income while enjoying the convenience of on-site living. This is a rare opportunity to acquire a multifamily property in a growing Texas market. The property is located at 225-233 W 4th Street, La Joya, TX 78560.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Joya
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.4832
- Latitude
- 26.2447
