Listed by Encore Fine Properties
$3,300,000
3502 S Urbahn Avenue
Details
APN 263965
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 19,826
Units 22
Year Built 2026
Buildings 2
Acreage 0.766
Parking Spaces 22 spaces
Parking per 1,000 SqFt 1.11
Multifamily | 22 Units
Marketing description
22-Unit New Construction Multifamily Asset in Laredo, TX. Offered quietly to qualified investors, this contemporary apartment community is approximately two months from completion with May 2026 delivery. Spanning 19,826 SF, the asset features efficient 2 bed / 2 bath layouts designed for durability, low maintenance, and consistent rental demand. Priced at $3,300,000 with a projected 8.06% cap rate, this is a pre-stabilization acquisition positioned for value creation through lease-up and income growth. Laredo continues to expand beyond 260,000 residents and operates as the #1 inland port in the U.S., supporting strong employment and housing demand. Limited new supply and sustained economic momentum position this asset for appreciation and cap rate compression. Full OM and financials available upon request. Inquiries limited to serious, qualified investors only.
Listing Contacts
Listed by Encore Fine Properties
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