502 Shiloh Dr Laredo, TX 78045
- Commercial real estate
- 21,128 SF
Current Use by Public Records
- El Encantada / Apartment Complex
- IDX Group LLC. / Design Agency
- Ciro's Towers / Apartment Complex / Townhouse Complex
- The Stagecoach / Beauty Product Supplier
Property Details for 502 Shiloh Dr
- Year built
- 2015
- Property size
- 21,128 SF
- Property type
- Commercial real estate
Description
This exceptional 32-unit apartment building presents a compelling investment opportunity in Laredo, Texas. Built in 2015, the property boasts a total of 21,128 square feet across two, four-story buildings, offering a desirable blend of modern amenities and prime location. Each of the 32 units commands a price of $168,750, contributing to an overall asking price of $5,400,000. The property features a desirable array of amenities designed to enhance resident satisfaction and maximize rental income, including an elevator for convenient access, a refreshing swimming pool, a secure gated entrance for added peace of mind, and private balconies offering scenic views. Situated at 502 Shiloh Dr, Laredo, TX 78045, in Webb County, this multifamily complex is strategically located in a highly sought-after area of North Laredo. The property's modern design and desirable features, combined with its prime location, make it an attractive investment for discerning buyers seeking strong returns. The price per square foot is $255.59, reflecting the property's high-quality construction and desirable features. This turnkey investment is ready for immediate income generation and offers a rare opportunity to acquire a well-maintained, high-performing asset in a thriving market. The property's strong rental history and potential for future appreciation make it an ideal addition to any investment portfolio.
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
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.486818958928
- Latitude
- 27.589404167989
