For Sale
$3,600,000

1301 Morwil StMission, TX 78572

32-Unit Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 32-unit apartment complex, located at 1300 and 1301 Morwil Street in Mission, Texas, presents a compelling investment opportunity. Built in 2012, this modern property boasts two buildings situated on a substantial 34,300.88 square foot lot. The complex's prime location offers convenient access to the expressway and Bryan Road, ensuring easy commutes for residents. Its proximity to the Mission Police Department enhances security and peace of mind. Nearby educational institutions include Castro Elementary School, Mission J High School, and Veterans Memorial High School, making it an attractive location for families. Residents also enjoy easy access to several parks, including Mission Parks & Recreation, McKinney Park, and Astroland Park. The property's strong tenant base is a testament to its desirability, with many residents having occupied their units for over seven years. The asking price for this remarkable asset is $3,600,000. The seller is open to owner financing with a $1,000,000 down payment, making this an even more attractive proposition for qualified buyers. This is a rare chance to acquire a well-established, high-performing multifamily property in a thriving Texas market. The property's excellent location, strong tenant history, and potential for owner financing combine to create a truly unique investment opportunity. Don't miss out on this chance to add a valuable asset to your portfolio.

Property Details for 1301 Morwil St

Property type
Apartment buildings
Year Built
2012
Buildings
2
Units
32

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.2101734
Longitude
-98.3119665
1301 Morwil St, Mission, Texas

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1301 Morwil St
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