List Price:
$2,500,000
MLS Number:
432722
Property Type:
Residential Income
Property Sub Type:
Apartment
Accessibility Features:
Appliances:
Electric Water Heater, Electric Cooktop, Refrigerator
Application Fee:
Association Fee:
Association Fee Frequency:
Association YN:
No
Attached Garage YN:
Availability:
Base Rent Amount:
Basement:
Building Area Total:
19372
Building Area Units:
Square Feet
Carport Spaces:
0
Carport YN:
No
City:
La Feria
Community Features:
None
Construction Materials:
Other
Cooling:
Central Air
Cooling YN:
Yes
Country:
US
County:
Cameron
Covered Spaces:
0
Designated Broker MUI:
1267479
Directions:
Take FM 506 North from expressway and turn left onto Lions Villa Ave. The property will be on your right-hand side.
Elementary School:
CE Vail
Elementary School District:
La Feria ISD
Exterior Features:
None
Fencing:
None
Fireplace YN:
Flooring:
Laminate
Foundation Details:
Slab
Furnished:
Garage Spaces:
0
Garage YN:
No
Green Energy Efficient:
Thermostat
Heating:
Central
Heating YN:
Yes
High School:
La Feria H.S.
High School District:
La Feria ISD
Interior Features:
Ceiling Fan(s)
Laundry Features:
None, Washer/Dryer Connection
Lease Term:
Leased Rent Share:
Living Area Source:
Cameron CAD
Living Area SqFt:
19372
Living Area Units:
Square Feet
Lot Features:
Lot Size Acres:
0.74
Lot Size SqFt :
32233.9644
Maintenance Expense:
$19,228
Middle School:
Green Junior High
Middle School District:
La Feria ISD
New Construction YN:
Number Of Buildings:
6
Number Of Units In Community:
6
Number Of Units Total:
20
Open Parking YN:
Other Bldg SqFt:
Other Equipment:
Other Expense:
$23,934
Other Structures:
Outbuilding (None)
Own Lot YN:
Parking Features:
No Carport, No Garage
Parking Total:
0
Patio And Porch Features:
Pet Deposit:
Pets Allowed:
Pool Features:
Pool Private YN:
Pool YN:
No
Postal Code:
78559
Property Attached YN:
Public Remarks:
An outstanding investment opportunity has arisen at 200 & 300 Cub Circle, La Feria, TX. These charming multifamily properties are located on two distinct lots that span 0.37 acres. They comprise (1) 4-plex and (2) 3-plex buildings per lot, meticulously maintained, offering two bedrooms and 1.5 bathrooms each, with 966 square feet of living space per unit. This property's combined total living area amounts to 19, 372 square feet, hosting 20 units. The occupancy rate is currently at 90%. Take advantage of this remarkable opportunity to enhance your portfolio.
Road Frontage Type:
Road Surface Type:
Paved
Roof:
Shingle
Room Office Area:
Rooms Total:
Security Features:
Security Deposit:
Sewer:
City Sewer
Showing CSS YN:
Spa Features:
Spa YN:
Standard Status:
Active
State:
TX
Status:
Active
Street Dir Prefix:
Street Dir Suffix:
Street Name:
Cub
Street Number:
200-300
Street Suffix:
Circle
Subdivision:
La Feria
Tax Annual Amount:
$16,245
Tax Year:
2024
Utilities:
Water Source:
Public
Window Features:
Year Built:
2021
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