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5007 E Us Highway 83, Rio Grande City, TX, 78582

4beds
3baths
26,770sqft
$1,600,000
$60price/sqft
$13,776/moest. monthly cost
$551,040/yrincome needed

About This Home

This 32-unit multi-family property, located on the north side of US Highway 83, presents an amazing opportunity to acquire a stabilized asset in a rapidly growing South Texas market. The property consists of five buildings situated on approximately 1.72 acres. Recent major renovations include new roofs (2021),a new concrete parking lot, and refurbished appliances in most of the units.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
Grulla Elementary SchoolGrades PK-51.7 mi
5/10
Grulla Middle SchoolGrades 6-82.7 mi
4/10
Grulla High SchoolGrades 9-1233.2 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,HardiPlank Type

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Refrigerator,Stove/Range
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Ceiling Fan(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 26,770
  • Total interior livable area: 26,770 sqft

Property

Details

  • Parcel number: 001790820006000000100

Features

  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 0.91 Acres

Parking

  • Parking features: No Garage