1410 Iturbide St Multi-Family FOR SALE


Laredo, TX
$799,999 USD
956-763-7013
, Laredo, TX for Sale
$799,999 USD
Multi-Family - FOR SALE
1/1
null | 11.58% Cap Rate

1410 Iturbide St
Laredo, TX


HIGHLIGHTS

  • 100% occupancy – immediate cash flow
  • Cap rate: 11.58%
  • 4-building complex on 3 lots with its own parking lot
  • 23 apartments, 1 warehouse storage, and 1 retail storefront (convertible to apartments)
  • Total structure area: 12,001 SF | Lot size: 0.43 acres
  • Prime downtown location – walking distance to International Bridge I

OVERVIEW

Downtown Laredo Multifamily Investment Opportunity An exceptional investment opportunity in the heart of Downtown Laredo, this fully occupied property offers immediate cash flow with a strong 11.58% cap rate. The landlord has already completed the hard work, delivering a stabilized, income-producing asset ready for its next owner. The offering consists of a well-maintained four-building complex situated on three lots, complete with its own dedicated parking lot. The property includes 23 fully leased apartments, a warehouse-style storage space, and a retail storefront that can be converted into additional apartments—providing upside potential for future value-add. With a total structure area of 12,001 SF, sitting on 0.43 acres, the property combines functionality and opportunity. Recent maintenance and improvements ensure the asset remains competitive, while its CBD zoning and prime location within walking distance to International Bridge I enhance its long-term investment appeal. Key features include on-site parking, fenced and gated grounds, a mix of central and window unit HVAC, durable brick/stucco/block construction, and public utility connections. This is a rare chance to acquire a stabilized multifamily property in one of Laredo’s most sought-after downtown locations, with built-in cash flow and future redevelopment potential.

ASK ABOUT THIS PROPERTY

Vicky PinedaColdwell Banker Ana Ochoa & CoMore Info
956-763-7013

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Vicky PinedaColdwell Banker Ana Ochoa & CoMore Info
956-763-7013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.