MULTIFAMILYRADAR
20-Unit Multifamily in Rio Grande City, TX, photo 11 / 29
$1,700,000

20-Unit Multifamily in Rio Grande City, TX

TX · listed Sep 27, 2026 (31 days)

Price per unit compared
This property$85K
Within ~40 mi (124)$86K
Texas median (1,029)$100K
$/unit
$85,000
▼ 15% vs TX · 37th pct
Cap rate
—
 
Gross yield
—
 
Units
20
20 bldg · 2007

Financials

Asking price
$1,700,000
Price per unit
$85,000
Price per sq ft
$82
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
20
Unit mix
two units of 2 bedrooms/2 bathrooms (each 952 sqft) and two units of 3 bedrooms/2 bathrooms (each 1120 sqft)
Buildings
20
Year built
2007
Building size
20,720 sq ft
Avg unit size
1,036 sq ft
Lot size
1.36 acres
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 27, 2026
Days on market
31 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1603

About this property

A wise investment to build your wealth! 5 well-maintained fourplexes with 20 apartment units. All 5 lots/fourplexes are right next to each other. Each apartment is standing alone building which is very hard to find. Single family house style apartment. No shared wall with other apartment. All single stories. Huge lot size and has sidewalk between each fourplex. Each fourplex (4144 sqft) has two units of 2 bedrooms/2 bathrooms (each 952 sqft) and two units of 3 bedrooms/2 bathrooms (each 1120 sqft). Each apartment has beautiful interior design, granite kitchen countertop, tile floors thorough the apartment, separated utility room, private fence in slab patio, 2 covered assigned carports spaces. Good size master bedroom. The apartments are located on the new and growing area of Rio Grande City, south of Mario Ramirez Elementary school. The opportunity to grow is endless.

Multifamily | 20 Units

Location

Approximate area. The exact address is shared on request.

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