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Listed by KELLER WILLIAMS REALTY RIO GRANDE VALLEY
$ 900,000
Est. payment /mo
Active
1308 Miller Ave Donna, TX 78537
10,488 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 10,488 sqft
Price per Sqft $85
Subdivision Lott Town Improvement
MLS Listing ID 29775835
Year Built 2005
Lot Size 0.900 Acres
Property Sub-Type Other Multi Unit
Property Description
This well-maintained 14-unit apartment complex in Donna offers an excellent investment opportunity just minutes from the expressway, providing convenient access for tenants and strong rental appeal. The property features a desirable unit mix of six 1-bedroom/1-bath units and eight 2-bedroom/1-bath units, catering to a broad tenant base and supporting stable occupancy. Each unit includes washer and dryer hookups, adding convenience for residents and enhancing rental value. With gross operating income estimated at approximately $115000 annually, this asset presents solid cash flow potential and long-term upside in a growing area. Ideal for investors seeking a strategically located multifamily property with consistent income performance.
Location
State TX
County Hidalgo
Area 10488
Interior
Interior Features None
Heating Central
Flooring Tile
Appliance Electric Water Heater, Refrigerator
Exterior
Exterior Feature None
Parking Features No Carport, No Garage
Fence Partial
Garage Yes
Building
Lot Description Curb & Gutter
Story One
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Ochoa
Middle Schools Todd
High Schools Donna
Others
Acceptable Financing Cash
Listing Terms Cash
Nearby Locations