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302 S Fm 491
Mercedes, TX 78570
MULTI-FAMILY - THE OAKS APARTMENTS · Multifamily Property For Sale
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12 Units
Property Facts
| No. Units | 12 | Building Size | 12,000 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2007 |
| Building Class | B | Parking Ratio | 2.5/1,000 SF |
| Lot Size | 1.00 AC | ||
| Zoning | C-1 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 12,000 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 2007 |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | C-1 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Tile Floors
- High Speed Internet Access
- Tub/Shower
Site Amenities
- Laundry Facilities
About 302 S FM 491 , MERCEDES, TX 78570
Attractive 12 unit multi-family complex constructed +/- 2008. Property contains three (3) buildings with four (4) units each, separate laundry building. Originally constructed by well known home builder for his own investment. Units are two bedroom, two bath, inset ceilings, living room/dining/kitchen. All units are separately metered for electric & water. Rents @ $625.00 month. Zoned C-1 (Apartment District) Taxes: $18,116.75 (2019) CALL FOR FULL PROPERTY BRIEF DO NOT DISTURB TENANTS – APPOINTMENT NECESSARY TO SHOW
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | $625.00 | 995 |
Property Taxes
| Parcel Number | C4050-00-012-0003-00 | Improvements Assessment | $554,580 |
| Land Assessment | $255,672 | Total Assessment | $810,252 |
Property Taxes
Parcel Number
C4050-00-012-0003-00
Land Assessment
$255,672
Improvements Assessment
$554,580
Total Assessment
$810,252
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