3458 Del Rio Blvd - Apartments FOR SALE


Eagle Pass, TX 78852
$500,000 USD
830-872-6126
3458 Del Rio Blvd, Eagle Pass, TX for Sale
$500,000 USD
Apartments - FOR SALE
1/23
null | 10% Cap Rate

3458 Del Rio Blvd
Eagle Pass, TX 78852


OVERVIEW

Excellent investment opportunity in Eagle Pass, TX! This low-rise multifamily property consists of 8 units, each 2 bedrooms / 1 bath with approx. 528 sq ft per unit (total GBA 4,224 sq ft). ?? Financial Highlights:     •    Current rents: $650 per month per unit     •    Gross potential rent: $62,400/year     •    Estimated expenses: $12,400/year     •    Net Operating Income (NOI): ˜ $50,000/year     •    Cap Rate (at $500,000 list price): ˜ 10%     •    GRM: ˜ 8.0 ? Utilities: One master water meter (water included in rent) and individual electric meters for each unit. ?? Zoning: Commercial – Rural ?? Parcel ID: (insert number from Maverick CAD) Located on Del Rio Blvd with strong rental demand and close proximity to commercial areas, schools, and services. Ideal for investors seeking stable cash flow with upside potential.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$118 USD /SF

# OF UNITS

8

PRICE/UNIT

$62,500

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

18861

ASK ABOUT THIS PROPERTY

Alejandra QuirozLa Cantera Real EstateMore Info
830-872-6126

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Alejandra QuirozLa Cantera Real EstateMore Info
830-872-6126

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