About this property

Exceptional opportunity to acquire a brand-new, fully completed 22-unit multifamily asset in Laredo, TX, ideally positioned just off the highway for excellent accessibility and visibility. Spanning approximately 19,826 SF, the property features modern and efficient 2-bedroom, 2-bathroom floor plans designed for durability, low maintenance, and long-term rental demand. Offered at $3,300,000 with a projected 8.06% cap rate, this newly constructed community provides investors the opportunity to acquire a turnkey asset while capturing additional upside through lease-up and stabilization. Located in one of South Texas’ most important economic and trade corridors, the property benefits from Laredo’s continued growth, strong employment base, and sustained housing demand. New construction, 22 doors, strategic highway access, and long-term investment potential. Full OM and financials available upon request. Comes with a 10 YEAR TAX ABATEMENT WITH THE NEZ !(NEIGHBORHOOD EMPOWERMENT ZONE).