1 / 10$3,300,000
37-Unit Multifamily in Harlingen, TX
Cameron County, TX · listed May 17, 2025 (528 days)
Price per unit compared
This property$89K
Within ~40 mi (56)$93K
Texas median (1,029)$100K
- $/unit
- $89,189
- ▼ 11% vs TX · 41st pct
- Cap rate
- 7.4%
- ▲ 0.0 pts vs TX median
- NOI
- $243K
- $6,577/unit/yr
- Units
- 37
- 9 bldg · 2008
Financials
- Asking price
- $3,300,000
- Price per unit
- $89,189
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- $243,362
- NOI per unit
- $6,577
- Cap rate
- 7.4%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 37
- Unit mix
- Not stated
- Buildings
- 9
- Year built
- 2008
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- 2.79 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 17, 2025
- Days on market
- 528 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1871
About this property
For Sale
Great location near freeway in the rapidly expanding south Texas Rio Grande Valley.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Brownsville, TX | $1.2M | $149K$149K | — |
 Brownsville, TX | $1M | $125K$125K | — |
 Los Fresnos, TX | $720K | $90K$90K | — |
 Los Fresnos, TXValue-add | $599K | $75K$75K | — |
 Brownsville, TXStabilized | $2.15M | $72K$72K | — |
 Los Fresnos, TXStabilized | $650K | $130K$130K | 9.2%gy |