8-Unit Multifamily in San Juan, TX

Hidalgo County, TX · listed Oct 30, 2024 (728 days)

Price per unit compared

This property$86K

Within ~40 mi (166)$88K

Texas median (1,029)$100K

$/unit: $86,250; ▼ 14% vs TX · 38th pct
Cap rate: —
Gross yield: —
Units: 8; 2 bldg · 2006

Financials

Asking price: $690,000
Price per unit: $86,250
Price per sq ft: $133
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: Not stated
Buildings: 2
Year built: 2006
Building size: 5,200 sq ft
Avg unit size: 650 sq ft
Lot size: 0.24 acres
Condition: Stabilized

Deal terms

Owner financing: Not stated

Listing

Listed: Oct 30, 2024
Days on market: 728 days
On MultifamilyRadar: Oct 28, 2026
Last price change: Not stated
Location: Approximate (~0.5 mi)
Listing #: 1457

About this property

Excellent Investment Opportunity!!! This well established complex consists of 8 FULLY OCCUPIED UNITS. Each unit offers 2 bedrooms and 1 bath complete with essential appliances such as refrigerator, stove, washer and dryer. All appliances convey with sale. All on month to month leases with prices ranging from $750-$800 while comparable rentals in the area command $800-$900. With easy access to the expressway and close to shopping centers, restaurants and schools. Ideal chance to expand and enhance your investment portfolio.

Multifamily | 8 Units

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

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San Juan, TX Value-add	12	$849K	$71K$71K	—
San Juan, TX Stabilized	16	$750K	$47K$47K	—
Alamo, TX New construction	6	$650K	$108K$108K	—
Pharr, TX ▼ 4% cutStabilized	8	$1.03M	$129K$129K	—
Alamo, TX	10	$590K	$59K$59K	—
Pharr, TX	8	$520K	$65K$65K	7%