Listed by Realty Executives Rio Grande Valley
$4,500,000
2210 E 1st Street
Details
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 35,750
Net Rentable (SqFt) 35,750
Units 35
Cap Rate 6.81%
NOI $490,740
Occupancy 100%
Price per SqFt $126
Year Built 2014
Buildings 7
Stories 2
Acreage 2.150
Zoning RM
Parking Spaces spaces
Investment Type Stabilized
Multifamily | 35 Units | $128,571/unit
Marketing description
Beautiful modern gated apartment complex. Located less than 5 minutes from the expressway, Walmart, HEB, Target, Mission event center and many other amenities. Zoned for Sharyland ISD, the property features a community pool with a lounge and grill area, a fitness center, and a kid's playground, this is the kind of place with just about everything you look for. 100% occupied!!
Listing Contacts
Listed by Realty Executives Rio Grande Valley
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$490,740.00
$40,895.00/mo
Valuation Metrics
0
DSCR
10.91%
Cap Rate
10.91%
ROI
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