Outstanding Investment Opportunity

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.