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Fidel Martinez

LPT Realty, LLC

info@laredohomesearch.com +1(956) 395-2519

$950,000

Est. payment - /mo

0.27 Acres Lot

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Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Subdivision Western Division

MLS Listing ID 20264414

Lot Size 0.266 Acres

Property Sub-Type Apartment Complex

Property Description

Great multifamily investment opportunity! 10-unit apartment complex plus an additional rented room, currently fully leased with active rental agreements. Unit mix includes eight 2BR/1BA and two 1BR/1BA units. Property features approximately 6,503 SF of building area, 15 parking spaces, individually metered water and electricity, washer/dryer connections, refrigerators and stoves. Current gross rental income is approximately $9,175/month ($110,100/year) with an estimated NOI of $85,700/year and 9.0% cap rate

Location

State TX

County Webb

Area 01 Western Division - S Of Markley St. And Canal, W Of Zacate Creek.

Interior

Heating Central Electric

Cooling Central Electric

Flooring Tile, Vinyl

Exterior

Parking Features Onsite

Fence Partial Fenced, Combination, Wood, Masonry

Utilities Available Underground Utilities

Roof Type Shingle-Composition

Building

Sewer Sewer Connection

Water Public Water

Schools

School District Laredo

Read Less Info

Listed by Lula Morales Realty, Inc.

Schools and Properties Nearby

Property Help

Fidel Martinez Laredo Real Estate Guidance

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3801 Juarez Ave Laredo, TX 78041