For Sale
$510,000

903 Starr StMercedes, TX 78570

Fully Leased! Modern 4-Unit Apartment Building

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully leased fourplex located at 903 Starr Street in Mercedes, Texas, 78570. Built in 2023, this property boasts a desirable location within Hidalgo County and sits on a spacious 10,000 square foot lot. The property comprises two buildings, offering a total of four units. The unit mix includes two two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units, catering to a diverse range of tenants. Each unit is equipped with modern appliances, adding to their appeal and increasing rental potential. Convenient carports are provided for residents. The property's modern design and fully leased status make it an attractive investment, promising immediate cash flow and strong potential for future appreciation. The asking price for this turnkey investment is $510,000. This represents a rare opportunity to acquire a newly constructed, high-demand multifamily property in a growing Texas market. The property's excellent condition and strong tenant occupancy make it an ideal addition to any investment portfolio. Don't miss this chance to secure a profitable and low-maintenance investment property.

Highlights

  • $510,000 asking price for a four-unit multifamily investment property.
  • Fourplex located at 903 Starr Street, Mercedes, TX 78570.
  • Property consists of two buildings on a 10,000 sq ft lot.
  • Built in 2023, featuring a mix of two 2/2 and two 3/2 units.
  • Fully leased with modern design and included appliances; carports provided.

Property Details for 903 Starr St

Property type
Apartment buildings, Small apartment buildings
Year Built
2023
Buildings
2
Units
4

Location Insight

City
Mercedes
County
Hidalgo
State
Texas
Latitude
26.1556863
Longitude
-97.9122648
903 Starr St, Mercedes, Texas

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903 Starr St
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