$1,079,000

Apartment In Mission

  • 8,296 Sqft
  • 37,562 Sqft lot
  • Updated: July 21
  • Source:
    Greater McAllen Association of REALTORS  MLS#500852

About the Property

This is an excellent investment opportunity featuring nine fully leased residential units and a fully leased drive-thru. The property generates stable cash flow with total monthly income of $10575 and a Net Operating Income of $126900 per year. There is one water meter for all units and the drive-thru, simplifying utility management, while tenants pay their own electricity. The units include kitch
This is an excellent investment opportunity featuring nine fully leased residential units and a fully leased drive-thru. The property generates stable cash flow with total monthly income of $10575 and a Net Operating Income of $126900 per year. There is one water meter for all units and the drive-thru, simplifying utility management, while tenants pay their own electricity. The units include kitchen appliances, making this a turnkey property. Conveniently located at 1921 Maine Ave, Mission, TX, in a high-demand rental area, this property is ideal for investors seeking a low-maintenance, income-generating asset. Fully leased properties like this are rare in the market, so act quickly.
  • Property type

    Apartment

  • Floors

    1

  • Year built

    2003

  • Price/sqft

    $130

Features

  • Walk In Closet
  • Garage
  • Equestrian
  • Investment Property
  • Washer Dryer
  • High Ceiling

Explore the Area

1921 Main Avenue, Mission, Texas, United States View on Google Maps
Price per sqft
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Re/Max Elite - Mission

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Re/Max Elite - Mission
Texas, United States
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Re/Max Elite - Mission
Mission, Texas, United States
View agency profile
Last updated
July 21
First listed
Apr 7
Listing reference
500852
Listing status
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