For Sale
$379,000

3008 Diamond Head Ave Mission, TX 78573

Four-unit apartment building, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a four-unit apartment building located at 3008 E Diamondhead Avenue, Alton, Texas, 78573, in Hidalgo County. The property, built in 2012, sits on a spacious 9,560.98 square foot lot and comprises two buildings. The asking price is $379,000. Each of the four units is equipped with essential appliances, including a refrigerator and stove. Recent upgrades significantly enhance the property's value and appeal. Specifically, a brand-new roof was installed in January 2024. Furthermore, individual unit improvements include a brand-new AC unit inside unit #1 (2023), a brand-new AC unit and water heater in unit #2 (2023), and a brand-new water heater in unit #3 (2023). Unit #4 received a brand-new exterior AC motor in 2023. This multifamily property offers a compelling investment prospect with strong potential for rental income and appreciation, thanks to its recent renovations and desirable location in Mission, Texas. The property's size and the recent upgrades make it an attractive option for investors seeking a turnkey multifamily investment in a growing market. This is a rare opportunity to acquire a well-maintained, updated property with immediate income potential.

Highlights

  • Four-unit apartment building in Alton, TX (Hidalgo County).
  • Built in 2012, situated on a 9,560.98 sq ft lot.
  • Asking price: $379,000.
  • All units include refrigerator and stove; recent upgrades include a new roof (Jan 2024) and various HVAC and water heater replacements in 2023.
  • Turnkey multifamily investment with strong rental income potential in a growing market.

Property Details for 3008 Diamond Head Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2012
Buildings
2
Units
4

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.2896887
Longitude
-98.284038

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, excellent ROI.
Where is the apartment building located?
The property is located at 3008 Diamond Head Ave Mission, TX.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Four-unit apartment building in Alton, TX (Hidalgo County).; Built in 2012, situated on a 9,560.98 sq ft lot.; Asking price: $379,000.
How can I contact the broker?
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3008 Diamond Head Ave
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