1 / 30New construction
$765,000
8-Unit Multifamily in Harlingen, TX
Cameron County, TX · listed Nov 11, 2023 (1,082 days)
Price per unit compared
This property$96K
Within ~40 mi (151)$89K
Texas median (1,029)$100K
- $/unit
- $95,625
- ▼ 4% vs TX · 46th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1 bldg · 2022
Financials
- Asking price
- $765,000
- Price per unit
- $95,625
- 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
- 8
- Unit mix
- Each unit is 1 bedroom, 1 bath
- Buildings
- 1
- Year built
- 2022
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- 1 acres
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Nov 11, 2023
- Days on market
- 1,082 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1937
About this property
The property has potential for additional multi-family buildings and a commercial plaza. 7 of the 8 units are currently leased. The new construction 8 unit Multi-family property sits on a large corner lot. The property is located on loop 499 and within a close distances to Valley International Airport and TSTC. Each unit is 1 bedroom, 1 bath. There is 1 water meter and individual electric meters. All units have a tankless water heater with washer and dryer hookups.
Multifamily | 8 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Harlingen, TX▼ 3% cut | $680K | $97K$97K | — |
 Harlingen, TX▼ 11% cut | $425K | $71K$71K | — |
 Harlingen, TXNew construction | $760K | $127K$127K | — |
 Harlingen, TXNew construction | $760K | $127K$127K | — |
 Harlingen, TXNew | $5.99M | $1.2M$1.2M | — |
 Harlingen, TXNew construction | $760K | $127K$127K | — |