Great multifamily investment opportunity! 10-unit apartment complex plus an additional rented room, currently fully leased with active rental agreements. Unit mix includes eight 2BR/1BA and two 1BR/1BA units. Property features approximately 6,503 SF of building area, 15 parking spaces, individually metered water and electricity, washer/dryer connections, refrigerators and stoves. Current gross rental income is approximately $9,175/month ($110,100/year) with an estimated NOI of $85,700/year and 9.0% cap rate
| MLS # | 20264414 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 9 |
| Listing Provided By | Lula Morales Realty, Inc. | Ana Rocha |
| Zoning | 01 Western Division - S of Markl |
|---|
| State | TX |
|---|---|
| County | Webb |
| City | Laredo |
| Zip Code | 78041 |
| Area | Webb |
| Community Name | Western Division |
| School District | Laredo |
| Listing VS Median (in Western Division) | |
Price: $950,000 low | high Med: $0 On site: 9 low | high Med: | |
| State | TX |
|---|---|
| County | Webb |
| City | Laredo |
| Zip Code | 78041 |
| Area | Webb |
| Community Name | Western Division |
| School District | Laredo |
| Listing VS Median (in Western Division) | |
Price: $950,000 low | high Med: $0 On site: 9 low | high Med: | |