Excellent investment opportunity in the heart of Roma, Texas! This income-producing multifamily property is situated on a prominent corner lot and offers an attractive 12% capitalization (Cap) rate, making it an exceptional addition to any investment portfolio. The property features two apartment buildings and includes an additional 6,098 SF vacant lot, providing opportunities for future development, expansion, additional parking, or other value-add improvements (subject to local regulations). Conveniently located near restaurants, shopping, schools, and other local amenities, this property is positioned in an established area with strong rental demand. Whether expanding an existing portfolio or seeking a property with future development potential, this offering presents an excellent combination of current cash flow and long-term upside. Schedule a private showing today to explore this outstanding investment opportunity.
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Zillow last checked:
Listing updated:
Listed by:
Antonio Garza956-522-9548,
Coldwell Banker Commercial Rio Grande Valley
Source: Greater McAllen AOR,MLS#: 509941
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Heating
Has Heating (Unspecified Type)
Cooling
Central Air, Window Unit(s)
Appliances
Included: Electric Water Heater, Refrigerator, Stove/Range
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.