215 6Th St Donna, TX 78537
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.