5-Unit Multifamily in Mission, TX
TX · listed Jun 17, 2025 (498 days)
- $/unit
- $66,000
- ▼ 28% vs TX · 27th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 1 bldg · 1975
Financials
- Asking price
- $330,000
- Price per unit
- $66,000
- Price per sq ft
- $118
- 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
- 5
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 1975
- Building size
- 2,797 sq ft
- Avg unit size
- 559 sq ft
- Lot size
- 0.26 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 17, 2025
- Days on market
- 498 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1803
About this property
This is an exceptional chance to acquire stable, 5-unit apartment building in Mission, Texas—a city experiencing explosive growth and growing demand for rentals. Strategically located just one block off North Conway Ave., this property has a consistently high occupancy rate due to its proximity to employment and schools. Additionally, this expansive +/- 0.26 acre lot provides an incredible opportunity to add another apartment building, effectively allowing you to double your income. With its unbeatable location, excellent price, and significant upside potential, this property is a smart acquisition for a new investor or to an existing portfolio.
Multifamily | 5 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Value-add | $450K | $90K$90K | — |
| Mission, TX Stabilized | $650K | $81K$81K | — |
Owner financingValue-add | $100K | $20K$20K | — |
| Mission, TX NewValue-add | $145K | $29K$29K | — |
| Mission, TX | $450K | $90K$90K | — |
| Mission, TX NewValue-add | $145K | $29K$29K | — |