🔥Apartment Package Deal - 10 Total Units in Laredo!🔥

Webb County, Laredo, TX, 78045
Sold
Listed at: February 17th, 2022
Price
$899,000
Sq. Footage
9232
Type
Multifamily
Parking
Assigned
Year build
2005
Lot size
0.40 acres
Bedrooms
25
Bathrooms
18
Half Bathrooms
0
Summary

7401 Wagner Ct, Laredo, TX 78045

8504 Michigan Ave, Laredo, TX 78045

420 E San Pedro St, Laredo, TX 78041


Property Overview

10 Total Units

25 beds, 18 baths (total)

9,232 sqft (total)

Lot: 0.4 acres (total)

Currently an 8.1 cap with ability to raise to a 12 cap!


7401 Wagner Ct, Laredo, TX 78045

Quadplex

8 beds, 6 baths

2,852 sqft (total)

2005 build

Lot: 0.11 acres

Walkthrough Video: https://mls.homejab.com/property/view/7401-wagner-ct-laredo-tx-78045-usa


8504 Michigan Ave, Laredo, TX 78045

Triplex

8 beds, 6 baths

3,404 sqft

2005 build

Lot: 0.14 acres

Walkthrough Video: https://mls.homejab.com/property/view/8504-michigan-ave-laredo-tx-78045-usa


420 E San Pedro St, Laredo, TX 78041

Triplex

9 beds, 6 baths

2,976 sqft (total)

2000 build

Lot: 0.15 acres

Walkthrough Video: https://mls.homejab.com/property/view/420-e-san-pedro-st-laredo-tx-78041-usa


Property Details

This package has HUGE value add potential!


Rent Details

Current Gross Monthly Rent: $8,100

Potential Gross Monthly Rent: $11,850+


P&L, Rent Roll, & Unit Mix

https://www.dropbox.com/sh/cs6juek12znltbp/AABWZefQenmDIQudenVtNyQ3a?dl=0

 

More Photos

https://www.dropbox.com/sh/084mpze7elfythw/AACNgbgNvNhztKQqEPjcs8f3a?dl=0


Asking Price: $899,000

Closing Date: 3-25-22 or sooner


Call or text Holly for more details on this 🌋HOT DEAL!🌋 (210) 861-0922

Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️⚔️

DISCLAIMER: This is an assignment of contract. A legally binding purchase & sale contract has been signed giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Genevieve Gorgos

No reviews

Disposition manager