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3502 South Urbahn Avenue 22 Unit Apartment Building $3,300,000 ($150,000/Unit) 8.06% Cap Rate Laredo, TX 78046
Executive Summary
Projected 8.06% cap rate.
Property Facts
| Price | $3,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $150,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.77 AC |
| Cap Rate | 8.06% | Construction Status | Under Construction |
| No. Units | 22 | Building Size | 22,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Price | $3,300,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 8.06% |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.77 AC |
| Construction Status | Under Construction |
| Building Size | 22,000 SF |
| No. Stories | 2 |
| Year Built | 2026 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Maintenance on site
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | 886 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 263965 | Improvements Assessment | $0 |
| Land Assessment | $253,617 | Total Assessment | $253,617 |
Property Taxes
Parcel Number
263965
Land Assessment
$253,617
Improvements Assessment
$0
Total Assessment
$253,617
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3502 South Urbahn Avenue
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