424 San Mateo Ave - Apartments FOR SALE


La Joya, TX 78560
$1,354,313 USD
956-451-2983
424 San Mateo Ave, La Joya, TX for Sale
$1,354,313 USD
Apartments - FOR SALE
1/9
null | 8% Cap Rate

424 San Mateo Ave
La Joya, TX 78560


HIGHLIGHTS

  • 12-unit townhome portfolio delivering scale, stability, and strong investment potential in a high-demand rental market
  • Modern 3-bedroom, 2-bathroom open-concept layouts with quality finishes, including quartz countertops and ample cabinetry
  • Fully equipped units with appliances, washer/dryer, and private backyard spaces supporting consistent occupancy and income

OVERVIEW

An exceptional opportunity to acquire a 12-unit townhome portfolio offering scale, stability, and long-term investment potential in a high-demand rental market. Each unit features a well-designed 3-bedroom, 2-bathroom open-concept layout with quartz countertops, ample cabinetry, and durable, low-maintenance finishes. All units are fully equipped with kitchen appliances, washer, and dryer, enhancing tenant appeal. The property is designed for efficient ownership with low-maintenance construction and private backyard spaces, supporting consistent occupancy and predictable expenses. A strong, stabilized asset with reliable cash flow and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,354,313 USD

PRICE/SF

$1,127 USD /SF

# OF UNITS

12

PRICE/UNIT

$112,859

CAP RATE

8%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12-Unit Townhome Portfolio

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R1

APN/PARCEL ID

S1088-00-000-0030-00

ASK ABOUT THIS PROPERTY

Daniel GalvanColdwell Banker Commercial Rio Grande ValleyMore Info
956-451-2983

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Daniel GalvanColdwell Banker Commercial Rio Grande ValleyMore Info
956-451-2983

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