701 E 5th St | Mercedes, TX 78570
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701 E 5th St
Mercedes, TX 78570
Mercedes Apartments · Multifamily Property For Sale
·
118 Units
PROPERTY FACTS
| No. Units | 118 | Building Size | 152,464 SF |
| Property Type | Multifamily | Average Occupancy | 72% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2010 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 2.49 AC | ||
| Zoning | MF Res | ||
| No. Units | 118 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.49 AC |
| Building Size | 152,464 SF |
| Average Occupancy | 72% |
| No. Stories | 2 |
| Year Built | 2010 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | MF Res |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Maintenance on site
- Online Services
ABOUT 701 E 5TH ST , MERCEDES, TX 78570
This 118 Unit Apartment Complex in Mercedes, Texas has an occupancy rate that hovers between 88%-95%. Each unit is well maintained with good tenancy. Bugambilia apartments are located in a high traffic area with close proximity to public transportation and an important employment base. There are 13 buildings and 9 laundry facilities. Cash flow averages $56,000 x month.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 54 | $600.00 | 818 |
| 1+1 | 64 | $500.00 | 644 |
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