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200/300 Cub Circle Apartments 200 Cub Cir

20 Unit Block of Flats £1,798,470 (£89,923/Unit) La Feria, TX 78559

Investment Highlights

  • New Construction Apartments
  • Strong 90% occupancy rate
  • Professional property management in place

Executive Summary

Introducing a prime investment opportunity at 300 Cub Circle, La Feria, TX. This attractive multifamily property spans 19,372 SF and features 20 meticulously maintained units in a sought-after location. Boasting an impressive 90% occupancy rate, this property presents a solid income-generating potential for discerning investors. With its desirable amenities and strategic positioning, this low-rise property is an asset not to be missed. Don't pass up the chance to add this lucrative venture to your portfolio.

Attachments

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Property Facts

Price £1,798,470
Price Per Unit £89,923
Sale Type Investment
No. Units 20
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.74 AC
Building Size 19,372 SF
Average Occupancy 90%
Number of Floors 2
Year Built 2021

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Wi-Fi
  • Island Kitchen

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1.5 20 £839.29 966

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
855377-0010-010000
Land Assessment
£44,567
Improvements Assessment
£228,368
Total Assessment
£272,935

zoning

Zoning Code Multifamily
Multifamily
  • Listing ID: 31381859

  • Date on Market: 01/04/2024

  • Last Updated:

  • Address: 200 Cub Cir, La Feria, TX 78559

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