6-Unit Value-Add Property in Rio Grande City, TX

Description

1006 N Flores St., Rio Grande City, TX 78582

Property Details

Total Units: 6

Unit Breakdown:

5- 2 beds/1 bath
1- 1 bed/ 1 bath
Occupancy: Fully Occupied (All tenants month-to-month)

Financials and Proforma

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Rental Summary

Current Monthly Rent: $ 2,600 (pending leases)

Potential Monthly Rent: $ 3,200

Property Condition

Revel in the convenience of central AC, meticulously serviced annually with upgraded pumps and compressor for optimal performance. The property boasts a recent roof replacement just three years ago, ensuring long-lasting protection and peace of mind. With its value-add potential and premium amenities, this residence stands as a prime investment opportunity in the flourishing Rio Grande City real estate market.

More Photos

Coming Soon!!

Asking Price: $250,000

Closing: 04-01-24 or sooner