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.