For Sale
$449,500

142 Val Verde Rd Donna, TX 78537

5-Unit Apartment Complex, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 5-unit multifamily property located at 142 S Val Verde Road, Donna, Texas, 78537. The property boasts a total of 6,199 square feet across two buildings situated on a spacious 40,945.96 square foot lot – nearly an acre. The main house, built in 1971, offers 2,689 square feet of living space, while the four additional units, constructed in 1988, provide an estimated 3,510 square feet of combined living area. Each unit benefits from separate electric meters, with the owner responsible only for sewer and water. Recent renovations within the last two years include updated electrical systems, plumbing, tile, and fresh paint throughout. The property is fully fenced with a chain-link fence and gated entry, enhancing security further with existing surveillance cameras covering the parking area. Zoned for both commercial and residential use, this property offers significant flexibility. Located off a major thoroughfare in Donna, it enjoys a strong rental history, although one unit is currently vacant. The asking price is $449,500. This property is ideal for owner-operators seeking hands-on management or investors looking for passive rental income. The combination of recent renovations, a desirable location, and strong rental history makes this a compelling investment opportunity.

Property Details for 142 Val Verde Rd

Property type
Apartment buildings, Small apartment buildings
Square Feet
6,199 SF
Year Built
1971
Buildings
2
Units
5

Location Insight

City
Donna
County
Hidalgo
State
Texas
Latitude
26.1738764
Longitude
-98.0849249

FAQs

What type of property is this?
Apartment building - 5-Unit Apartment Complex, High ROI
Where is the apartment building located?
The property is located at 142 Val Verde Rd Donna, TX.
What is the asking price?
The asking price for this property is $449,500.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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142 Val Verde Rd
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