Published on: Thursday, October 24, 2024
Updated on: Thursday, October 24, 2024
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About the Lister
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Name: Eric Cortez
Company: NAI Rio Grande Valley
Office Phone: 956.994.8900
Cell Phone: 956.731.4410
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  Exclusive Multifamily Property
300 Cub Circle La Feria Texas , 78559
300 Cub Circle La Feria Texas                                                                                               , 78559NAI Rio Grande Valley
Listing ID: CL-Texas-12550

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Texas-12550
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: 966.00 SqFt
Lot Size: 19,372.00 SqFt.
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
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.
Complete Details
Year Build: N/A
Building Size: 966
No of Stories: N/A
Total Lot Area: 19372 SqFt.
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Property Description: 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. Agent Remarks: Each parking lot has a total of 18 parking spaces available. Location Description: Immersed in the heart of La Feria, TX, the location offers a vibrant community with an array of amenities for apartment living. Residents can explore nearby parks such as La Feria Nature Center, where they can enjoy walking trails and peaceful green spaces. The area also features a variety of dining options, including local favorites like El Gallito Restaurant and La Feria Mexican Restaurant, providing diverse culinary experiences. With convenient access to everyday conveniences and major roadways, the location provides a blend of comfort and accessibility to the wider Rio Grande Valley region. The dynamic surroundings make this area an inviting choice for apartment complex living.
Additional Properties
Property Highlights
  • 19,372 SF low-rise
  • 20 well-maintained residential units
  • Prime location in La Feria area
  • Strong 90% occupancy rate
  • Appealing investment opportunity
  • Proximity to key local amenities
  • Well-suited for multifamily investor
  • Attractive curb appeal
  • Potential for value appreciation
  • Professional property management in place
Listing Location
Attached Documents
Lister's other Properties
Address: Adams St , Harlingen Texas 78552
Listing ID: CL-Texas-12549
Listing Type: Commercial
Category: Land - Commercial
Status: Active
Created On: 10/24/2024
Modified On: 10/24/2024
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Address: N Bentsen Palm Dr. North of 8 Mile , Mission Texas 78572
Listing ID: CL-Texas-12548
Listing Type: Commercial
Category: Land - Commercial
Status: Active
Created On: 10/24/2024
Modified On: 10/24/2024
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Address: I69E & FM 508 , Combes Texas 78535
Listing ID: CL-Texas-12547
Listing Type: Commercial
Category: Land - Commercial
Status: Active
Created On: 10/24/2024
Modified On: 10/24/2024
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Address: 1100 N Mccoll Rd , Mc Allen Texas 78501
Listing ID: CL-Texas-12546
Listing Type: Commercial
Category: Land - Commercial
Status: Active
Created On: 10/23/2024
Modified On: 10/23/2024
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