5007 E US HIGHWAY 83 Rio Grande City TX 78582-6436

Amazing opportunity to pick up 32 units in South Texas. Major renovations have been done to the property over the last 3 years including new roofs, new A/C units, new parking lot, and new appliances. Although income has been steadily increasing, there is still room to raise rents that currently average $511/unit. The region has been growing and developing rapidly and rental demand is strong. Take your rental portfolio to the next level by acquiring these 32 units for only $62,500 per door! -All A/C Units except 2 have been replaced in last 3 years -Brand new roof as of 2021 -All units but 3 have been renovated including new and refurbished appliances -Entire parking lot has been upgraded to concrete -Plan in place to continue increasing rent -Proposed rent increases will result in $216k annual gross income -Down the street from Walmart

Amazing opportunity to pick up 32 units in South Texas. Major renovations have been done to the property over the last 3 years including new roofs, new A/C units, new parking lot, and new appliances. Although income has been steadily increasing, there is still room to raise rents that currently average $511/unit.

Rio Grande City is located approximately 45 minutes west of McAllen, TX and situated on the Texas/Mexico border. The region has been growing and developing rapidly and rental demand is strong.

Take your rental portfolio to the next level by acquiring these 32 units for only $62,500 per door!