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Property profile & analytics
OFF-MARKET
Apartment buildings

215 6Th St Donna, TX 78537

Built 2005
Property ID
Property summary
AI-generated overview

This exceptional four-unit apartment building, located at 215 N 6th Street in Donna, Texas, presents a compelling investment opportunity. Built in 2005, this property sits on a sizable 11,251.98 square foot lot and is currently fully occupied, generating immediate cash flow. Each of the four units features two bedrooms and two bathrooms, providing comfortable living spaces for tenants. Individual water and electric meters for each unit streamline utility management and maximize profitability by minimizing landlord expenses. A significant advantage is the brand new roof installed in September 2024, eliminating immediate roof replacement concerns. The property's convenient location near Donna's Main Street adds to its appeal. This multifamily property is ideal for both seasoned investors seeking a stable income stream and newcomers looking to enter the real estate market. The asking price is $350,000. This turnkey investment offers a rare chance to acquire a profitable and well-maintained property in a desirable location. Don't miss this chance to secure your financial future.

Property profile
Verified
Property type Apartment buildings
Year built 2005
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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