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Multifamily

El Norte Apartments

804 Airline Dr, Uvalde, TX 78801

Listing Price: $2,850,000

Cap Rate
5.50%
Number of Units
36
GRM
7.64
Occupancy
94.0%
Price/Unit
$79,167
Price/Gross SF
$80.62
Gross SF
35,352

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of El Norte, a 36-unit, multifamily asset in Uvalde, Texas. The property is located just off Route 90, Uvalde’s major thoroughfare. Uvalde is known for its thriving agriculture drivers and is an attractive destination for tourists, due to its natural beauty, rich history, and abundant outdoor recreational options. El Norte offers a new investor the unique opportunity to acquire a value-add asset in a secondary, Texas Hill Country market 60 miles west of San Antonio.

Investment Highlights

  • Value-Add Asset in Texas Hill Country, 60 Miles West of San Antonio
  • 36 Units Built 1969 with Significant Value-Add Opportunity
  • Located on Uvalde's Major Thoroughfare, Route 90

Exclusively Listed By

Multifamily

El Norte Apartments

Listing Price: $2,850,000

Cap Rate
5.50%
Number of Units
36
GRM
7.64
Occupancy
94.0%
Price/Unit
$79,167
Price/Gross SF
$80.62
Gross SF
35,352

Investment Highlights

  • Value-Add Asset in Texas Hill Country, 60 Miles West of San Antonio
  • 36 Units Built 1969 with Significant Value-Add Opportunity
  • Located on Uvalde's Major Thoroughfare, Route 90

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of El Norte, a 36-unit, multifamily asset in Uvalde, Texas. The property is located just off Route 90, Uvalde’s major thoroughfare. Uvalde is known for its thriving agriculture drivers and is an attractive destination for tourists, due to its natural beauty, rich history, and abundant outdoor recreational options. El Norte offers a new investor the unique opportunity to acquire a value-add asset in a secondary, Texas Hill Country market 60 miles west of San Antonio.

Exclusively Listed By

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