For Sale
$575,000

8207 Silverado Dr Mission, TX 78574

Five-unit apartment building, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 5-unit apartment building presents a compelling investment opportunity in Mission, Texas. Constructed in 2016, this property boasts a prime location on a 1.014-acre corner lot at the intersection of La Homa Road and Silverado Circle. The building comprises a single structure housing five individual units, each featuring two bedrooms and one bathroom. All units are currently leased, providing immediate cash flow for the investor. Each unit comes equipped with a washer, dryer, stove, and refrigerator, enhancing tenant appeal and minimizing tenant turnover. The property's 2016 construction ensures modern amenities and minimal maintenance needs, contributing to a strong return on investment. The fully leased status minimizes vacancy concerns, offering a stable and predictable income stream. This turnkey investment is ideal for adding to an existing portfolio or for first-time commercial real estate investors seeking a profitable venture in a thriving Texas market. The asking price is $575,000. This property offers a rare combination of location, condition, and income potential, making it a truly attractive investment opportunity.

Highlights

  • Five-unit apartment building in Mission, Texas, built in 2016.
  • Located on a 1.014-acre corner lot at La Homa Road and Silverado Circle.
  • Each of the five units features two bedrooms and one bathroom.
  • All units are currently leased, generating immediate cash flow.
  • Each unit includes a washer, dryer, stove, and refrigerator.
  • Asking price: $575,000.

Property Details for 8207 Silverado Dr

Property type
Apartment buildings
Year Built
2016
Buildings
1
Lot Size (sq. ft)
44,170 SF
Units
5

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.346435
Longitude
-98.3409113

FAQs

What type of property is this?
Apartment building - Five-unit apartment building, fully leased.
Where is the apartment building located?
The property is located at 8207 Silverado Dr Mission, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Five-unit apartment building in Mission, Texas, built in 2016.; Located on a 1.014-acre corner lot at La Homa Road and Silverado Circle.; Each of the five units features two bedrooms and one bathroom.
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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8207 Silverado Dr
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