3008 Diamond Head AveMission, TX 78573

Property Details for 3008 Diamond Head Ave

Year built

2012

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Mission

County

Hidalgo

State

Texas

Latitude

26.2897

Longitude

-98.284

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