212 Alex AveLa Joya, TX 78560

For Sale
$1,150,000

8-Unit Apartment Building, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 8-unit apartment building presents a compelling investment opportunity in the thriving city of La Joya, Texas. Constructed in 2022, this property boasts a prime location on a 0.42-acre lot (18,195 sq ft) at 212 S Alex Avenue, zip code 78560, Hidalgo County. The single building complex offers a fully covered parking area for resident convenience. Each of the eight units features central air conditioning and in-unit washer/dryer connections, enhancing tenant appeal and satisfaction. La Joya's robust population growth and increasing demand for rental properties create a stable and promising market for this asset. The property's high occupancy rate and consistent income stream make it an ideal addition to any investment portfolio, offering excellent potential for long-term growth and diversification. This turnkey investment is ready for immediate income generation, providing a strong return on investment in a rapidly developing area of the Rio Grande Valley. The property's modern construction and desirable amenities ensure continued high occupancy and rental income. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a high-growth market. The asking price is $1,150,000.

Highlights

  • $1,150,000 asking price.
  • Eight-unit apartment building.
  • Newly constructed in 2022.
  • Located in La Joya, TX, a rapidly growing market.
  • 0.42-acre lot.
  • Features include central A/C and in-unit washer/dryer connections.

Property Details for 212 Alex Ave

Property type
Multifamily properties, Apartment buildings
Year Built
2022
Buildings
1
Units
8

Location Insight

City
La Joya
County
Hidalgo
State
Texas
Latitude
26.2474302
Longitude
-98.4860043
212 Alex Ave, La Joya, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
212 Alex Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message