Listed by Coldwell Banker Commercial - RGV
$1,495,000
424 San Mateo Ave
Details
Property Type Multifamily
Square Footage 2,336
Units 12
Beds 3
NOI $108,345
Occupancy 92%
Tenancy Multi
Class A
Year Built 2022
Stories 1
Zoning R1
Investment Type Stabilized
Multifamily | 12 Units
Marketing description
An exceptional opportunity to acquire a 12-unit townhome portfolio offering scale, stability, and long-term investment potential in a high-demand rental market. Each unit features a well-designed 3-bedroom, 2-bathroom open-concept layout with quartz countertops, ample cabinetry, and durable, low-maintenance finishes. All units are fully equipped with kitchen appliances, washer, and dryer, enhancing tenant appeal. The property is designed for efficient ownership with low-maintenance construction and private backyard spaces, supporting consistent occupancy and predictable expenses. A strong, stabilized asset with reliable cash flow and long-term appreciation potential.
Investment highlights
- 12-unit townhome portfolio delivering scale, stability, and strong investment potential in a high-demand rental market
- Modern 3-bedroom, 2-bathroom open-concept layouts with quality finishes, including quartz countertops and ample cabinetry
- Fully equipped units with appliances, washer/dryer, and private backyard spaces supporting consistent occupancy and
Listing Contacts
Listed by Coldwell Banker Commercial - RGV
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,345.00
$9,028.75/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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