MULTIFAMILYRADAR
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$1,750,000

32-Unit Multifamily in Rio Grande City, TX

TX · listed Oct 27, 2026 (1 day)

Price per unit compared
This property$55K
Within ~40 mi (118)$86K
Texas median (1,029)$100K
$/unit
$54,688
▼ 45% vs TX · 10th pct
Cap rate
—
 
Gross yield
—
 
Units
32
 

Financials

Asking price
$1,750,000
Price per unit
$54,688
Price per sq ft
Not stated
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
32
Unit mix
Not stated
Buildings
Not stated
Year built
Not stated
Building size
Not stated
Avg unit size
Not stated
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 27, 2026
Days on market
1 day
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
City only
Listing #
2236

About this property

🏢 32-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY | $1,750,000

📍 (address on request)

Looking to expand your real estate investment portfolio? This multifamily property features 32 residential units across 10 buildings, situated on approximately 1.60 acres in Rio Grande City!

🏘️ PROPERTY HIGHLIGHTS:

✅ 32 Residential Units

✅ 10 Buildings Total

✅ 6 Fourplex Buildings (24 Units)

✅ 4 Duplex Buildings (8 Units)

✅ All Units Feature 2 Bedrooms & 2 Bathrooms

✅ Approximately 1.60 Acres

✅ 64 Carport Spaces

✅ Built in 2006

✅ Individual Electric & Water Meters

💰 Asking Price: $1,750,000

With 32 units and a convenient location near schools, shopping, and everyday amenities, this property presents an excellent opportunity for investors looking to grow their multifamily portfolio and generate long-term rental income.

📲 Interested in learning more? Contact me for additional property details, financial information, or to schedule a private tour!

📞 Jose Alberto Lopez III

The Opulent Real Estate Group | Jade Real Estate

Listing Courtesy of Santiago Mendiola | URSA Real Estate

Location

Somewhere in Rio Grande City. The exact address is shared on request.

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