(146043) Perfect Investment Property Located in HOT Real Estate Market, Mission, TX Sold

  • $545,000 - CCR 31%
Sold

Collect $8,250/month OR MORE on this 16 units Apartment Complex in Mission, TX

Excellent Cash Flowing Property!

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

Now you can own 16 income-producing units through one property purchase!

PRICED TO MOVE QUICKLY:  $545,000

This multifamily property offers multiple money-generating strategies:

 Great Investment Opportunity!
 Great Location: Mission-McAllen is one of the top hottest Real Estate markets in TX
 Current Occupancy:  100%
 $57,420 actual annual NOI
 Cash on Cash Return on Actuals: 31%
 Cap Rate on Actuals: 11%
 1985 Built, New Roof 2016
 15 min drive to McAllen International Airport
 30 min drive from University of Texas Rio Grande Valley which has a new Medical School opened in 2016
 Excellent Professional Property Management company available
 No Seller Financing(either Cash or Third Party Financing)

This is an off-market deal.

Price:
$545,000 - CCR 31%
Address:
1801 Washington Ave
Mission, TX 78572
Terms:
For Sale
Property Type:
Apartment

Property Location