For Sale
$5,400,000

502 Shiloh Dr Laredo, TX 78045

32 Units, Prime North Laredo Location

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 32-unit apartment building presents a compelling investment opportunity in Laredo, Texas. Built in 2015, the property boasts a total of 21,128 square feet across two, four-story buildings, offering a desirable blend of modern amenities and prime location. Each of the 32 units commands a price of $168,750, contributing to an overall asking price of $5,400,000. The property features a desirable array of amenities designed to enhance resident satisfaction and maximize rental income, including an elevator for convenient access, a refreshing swimming pool, a secure gated entrance for added peace of mind, and private balconies offering scenic views. Situated at 502 Shiloh Dr, Laredo, TX 78045, in Webb County, this multifamily complex is strategically located in a highly sought-after area of North Laredo. The property's modern design and desirable features, combined with its prime location, make it an attractive investment for discerning buyers seeking strong returns. The price per square foot is $255.59, reflecting the property's high-quality construction and desirable features. This turnkey investment is ready for immediate income generation and offers a rare opportunity to acquire a well-maintained, high-performing asset in a thriving market. The property's strong rental history and potential for future appreciation make it an ideal addition to any investment portfolio.

Highlights

  • $5,400,000 asking price for a 32-unit apartment building.
  • 21,128 square feet, with a price per square foot of $255.59.
  • Located at 502 Shiloh Dr, Laredo, TX 78045.
  • Built in 2015, featuring two 4-story buildings.
  • Amenities include an elevator, pool, and security gate.

Property Details for 502 Shiloh Dr

Property type
Apartment buildings
Square Feet
21,128 SF
Year Built
2015
Buildings
2
Stories
4
Units
32

Location Insight

City
Laredo
County
Webb
State
Texas
Latitude
27.589404167989
Longitude
-99.486818958928

FAQs

What type of property is this?
Apartment building - 32 Units, Prime North Laredo Location
Where is the apartment building located?
The property is located at 502 Shiloh Dr Laredo, TX.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: $5,400,000 asking price for a 32-unit apartment building.; 21,128 square feet, with a price per square foot of $255.59.; Located at 502 Shiloh Dr, Laredo, TX 78045.
How can I contact the broker?
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502 Shiloh Dr
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