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    OFF-MARKET
    Small apartment buildings

    2000 Circle Dr, Mission, TX 78572

    Built 2006
    Property ID
    US82-0939794
    Property summary
    AI-generated overview

    This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable Mission, Texas market. Built in 2006, the property sits on a generous 8,451 square foot lot and comprises a single building. The unit mix offers a diverse tenant base with two two-bedroom, two-bathroom units and one one-bedroom, one-bathroom unit, ensuring consistent rental income. Currently 100% leased, this triplex provides immediate cash flow for the savvy investor. Located in a highly sought-after neighborhood, the property enjoys proximity to parks, excellent schools, and convenient access to the expressway, making it highly attractive to renters. The area's former association with a golf course community adds to its appeal, with a nearby tennis court and scenic bike trails enhancing the lifestyle. This property offers a 7% capitalization rate, making it a strong addition to any investment portfolio. The address is 2000 Circle Drive, Mission, TX 78572. This is a turnkey investment ready for immediate income generation. The property's location in Hidalgo County provides access to a thriving community and strong rental market. Don't miss this chance to acquire a well-maintained, income-producing asset in a prime location.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 2006
    UPID US82-0939794
    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
    Current use
    Occupant on record · Public records
    • TV Mounting Service Mission McAllen Electrical Service General Contractor
    • Giftax Multiservices Tax Preparation
    • Roofing Siding Pro Roofing Company General Contractor
    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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