For Sale
$545,000

905 8Th StMission, TX 78572

Newly constructed, 4-unit apartment complex

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional, newly constructed 4-plex apartment building presents a compelling investment opportunity. Located in the desirable Hidden Hills Estate Subdivision in Mission, Texas, this Class A property boasts four spacious apartments, each featuring two or three bedrooms and two bathrooms. Each unit includes two covered parking spaces, adding significant value and convenience for tenants. The building's modern amenities include all new stainless steel appliances, porcelain tile floors, foam insulation, and stylish decorator colors. Energy efficiency is maximized with new tankless water heaters, and individual electric and water meters for each unit simplify utility management. The property sits on a lot ranging from 10,700 to 14,900 square feet, with a total building area between 4,000 and 4,400 square feet, offering a net rentable area of 4,200 square feet. The R-3 zoning allows for flexibility and potential future development. Its prime location near US Business Hwy 83, downtown Mission, shopping, HEB, schools, and places of worship makes it highly attractive to renters. This owner-landlord property is ready for immediate occupancy and offers a strong return on investment. The property consists of two, one-story buildings, built in 2024, providing eight total parking spaces. This is a turnkey opportunity for an owner-user or investor seeking a high-quality, income-producing asset in a thriving Texas market.

Highlights

  • $545,000 asking price for a Class A multifamily investment property.
  • Newly constructed 4-plex apartment building in Mission, TX.
  • Four units, each with 2-3 bedrooms, 2 bathrooms, and 2 covered parking spaces.
  • Features include stainless steel appliances, porcelain tile floors, foam insulation, and tankless water heaters.
  • Located in the Hidden Hills Estate Subdivision, near downtown Mission, shopping, and schools.
  • 10,700 - 14,900 sq ft lot, 4,000 - 4,400 sq ft building, 4,200 sq ft net rentable area.

Property Details for 905 8Th St

Property type
Apartment buildings, Small apartment buildings
Square Feet
4,000 SF
Class
A
Year Built
2024
Buildings
2
Stories
1
Units
4

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.213153759042
Longitude
-98.337479400769
905 8Th St, Mission, Texas

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905 8Th St
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