Multi-Family•Low-Rise/Garden•For Sale

Donna 7 'Plex

117 N 6th St, Donna, Texas 78537

Sale Price $475,000
Zoning Commercial
Bldg Type Multi-Tenant
Year Built 2019
Stories 1
Gross Bldg 5,600 SqFt
Land Area .34 Acres
Project Size 7
Market Rio Grande Valley
Sub-Market Donna
This brand-new, seven unit apartment complex was completed in late 2019 and is fully occupied by tenants on 12 month leases. The spacious, two bedroom, one bathroom apartments sit on a quiet yet highly-visible hard corner in Donna, and each unit has two designated parking spaces. Each unit is individually metered for water and electricity, leaving waste management as the only landlord utility expense. Three units feature a private outdoor space, and these units rent for $700/m. The other four units feature no such space and rent for $650/m. The total monthly gross scheduled income for this complex is $4,700. Nestled in a quite corner of Donna, this 7 unit apartment complex offers residents both privacy and quick access to expressway 83.
  • Brand-new construction (October 2019)
  • 4 x 2/1 no private outdoor space @ $650/m
  • 3 x 2/1 with private outdoor space @ $700/m
  • 100% occupied
  • Tenants pay their own water bills
  • Excellent visibility for sourcing new tenants
  • Full-size washer/dryer connections
10/23/2019 8:29:22 PM 1/7/2020 10:48:44 PM

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