Listed by RE/MAX Elite
$1,079,200
1921 Main Avenue
Details
APN I404500000000800
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 8,296
Units 10
Year Built 2003
Buildings 3
Acreage 0.862
Parking Spaces 18 spaces
Parking per 1,000 SqFt 2.17
Multifamily | 10 Units
Marketing description
This is an excellent investment opportunity featuring nine fully leased residential units and a fully leased drive-thru. The property generates stable cash flow with total monthly income of $10575 and a Net Operating Income of $126900 per year. There is one water meter for all units and the drive-thru, simplifying utility management, while tenants pay their own electricity. The units include kitchen appliances, making this a turnkey property. Conveniently located at 1921 Maine Ave, Mission, TX, in a high-demand rental area, this property is ideal for investors seeking a low-maintenance, income-generating asset. Fully leased properties like this are rare in the market, so act quickly.
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Listed by RE/MAX Elite
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