For Sale
$1,500,000

2304 1St StMission, TX 78572

Five-unit apartment complex, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 5-unit apartment building, constructed in 2018, presents a compelling investment opportunity in Mission, Texas. Situated on a spacious 13,865 square foot lot at 2304 E 1st Street, this gated community boasts an impressive 80% occupancy rate. Each of the five units offers a desirable open-concept floor plan, featuring four bedrooms, each with its own private bathroom. Residents enjoy the convenience of two designated parking spaces per unit, along with a private patio and a generously sized living area and kitchen. The property's strategic location, just half a mile from the expressway and conveniently situated behind The Home Depot on Shary Road, provides easy access to major roadways, shopping, dining, and other amenities. The complex's thoughtful design and desirable features contribute to strong tenant retention, making it an attractive investment for both seasoned and new real estate investors. The asking price for this turnkey property is $1,500,000. This presents a rare chance to acquire a well-maintained, high-demand multifamily property in a thriving Texas market. Don't miss this chance to expand your portfolio with a property that offers both immediate income and significant long-term potential.

Highlights

  • $1,500,000 asking price.
  • Five-unit multifamily apartment building.
  • Built in 2018.
  • Located at 2304 E 1st Street, Mission, TX 78572.
  • 13,865 sq ft lot.

Property Details for 2304 1St St

Property type
Apartment buildings
Year Built
2018
Buildings
5
Units
5

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.2008663
Longitude
-98.2894657
2304 1St St, Mission, Texas

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2304 1St St
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