112 6Th St San Juan, TX 78589
High-yield Texas apartment building.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $450,000 asking price for a 10-unit apartment building.
- Class B, 5,824 square foot multifamily property with a $77.27 price per square foot.
- 11.11% cap rate (10.62% pro-forma).
- 100% occupancy as of August 11, 2024, generating $50,000 NOI ($47,800 pro-forma).
- Located at 112 E 6th Street, San Juan, TX 78589, one mile from Expressway 83/Highway 2 and the Basilica.
- Ten units total: nine 1-bedroom/1-bathroom and one 2-bedroom/1-bathroom apartment.
Property Details for 112 6Th St
- Property type
- Apartment buildings, Small apartment buildings
- Square Feet
- 5,824 SF
- Class
- B
- Year Built
- 1970
- Buildings
- 10
- Stories
- 1
- Units
- 10
Location Insight
- City
- San Juan
- County
- Hidalgo
- State
- Texas
- Latitude
- 26.1880035
- Longitude
- -98.1548315
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - High-yield Texas apartment building.
- Where is the apartment building located?
- The property is located at 112 6Th St San Juan, TX.
- What is the asking price?
- The asking price for this property is $450,000.
- What are key features of this property?
- This property features: $450,000 asking price for a 10-unit apartment building.; Class B, 5,824 square foot multifamily property with a $77.27 price per square foot.; 11.11% cap rate (10.62% pro-forma).
- 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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