For Sale
$660,000

3701 Bella Costa Dr Mercedes, TX 78570

Mercedes, TX Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 6-unit apartment complex, situated on a spacious 15,901.14 square foot lot in the desirable Mercedes, Texas area, presents a compelling investment opportunity. Built in 2022, the property consists of three buildings, each featuring modern, open-concept floor plans. All six units boast wood-like tile flooring throughout, kitchens equipped with high ceilings, modern granite countertops, and islands offering ample cabinet space. Spacious bedrooms with large closets add to the appeal. A significant advantage is the inclusion of a private, generously sized, fenced backyard for each unit. Further enhancing the property's value are stainless steel appliances and in-unit washer/dryer hookups in each unit. Twelve carport spaces provide convenient parking for residents. The property is currently fully leased, with tenants responsible for their own utilities, ensuring a consistent income stream. The complex is located within a gated community, offering residents added security and peace of mind. Its prime location provides easy access to the expressway, restaurants, shopping centers, and schools, making it highly attractive to renters. While interior photos shown are from a similar property, they accurately reflect the high-quality finishes and modern design of this exceptional investment. This is a turnkey opportunity for investors seeking a profitable and well-maintained multifamily property in a thriving Texas market.

Highlights

  • New 2022 construction, six-unit apartment complex on a 15,901.14 sq ft lot in Mercedes, TX.
  • Three buildings with modern, open-concept floor plans.
  • Each unit features wood-like tile flooring, granite countertops, islands, ample cabinet space, and spacious bedrooms with large closets.
  • All units include private fenced backyards, stainless steel appliances, and in-unit washer/dryer hookups.
  • Twelve carport spaces, fully leased, tenants pay utilities, located in a gated community with easy expressway access.

Property Details for 3701 Bella Costa Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
2022
Buildings
3
Units
6

Location Insight

City
Mercedes
County
Hidalgo
State
Texas
Latitude
26.1791692
Longitude
-97.8939317

FAQs

What type of property is this?
Apartment building - Mercedes, TX Multifamily Investment Opportunity
Where is the apartment building located?
The property is located at 3701 Bella Costa Dr Mercedes, TX.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: New 2022 construction, six-unit apartment complex on a 15,901.14 sq ft lot in Mercedes, TX.; Three buildings with modern, open-concept floor plans.; Each unit features wood-like tile flooring, granite countertops, islands, ample cabinet space, and spacious bedrooms with large closets.
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.
How do I access a private listing?
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3701 Bella Costa Dr
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