bugambilias apartments - loopnet · 2019-09-11 · bugambilias apartments 701 e 5th st, mercedes,...
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Bugambilias Apartments Presented By:M2 Property Group, LLC
701 E 5th St, Mercedes, TX 78570
This 118 Unit Apartment Complex in Mercedes, Texas has an occupancy rate that hovers between88%-95%. Each unit is well maintained with good tenancy. Bugambilia apartments are located in a hightraffic area with close proximity to public transportation and an important employment base. There are13 buildings and 9 laundry facilities. Cash flow averages $56,000 x month.
Price: $5,500,000
Occupancy Rate hovers between 88%-95%.
Located in high traffic area with proximity to public transportation.
Cash flow averages $56,000 x month.
Built in 2010 and well maintained.
View the full listing here: https://www.loopnet.com/Listing/701-E-5th-St-Mercedes-TX/17076551/
Price: $5,500,000
No. Units: 118
Property Type: Multifamily
Property Sub-type: Apartments
Apartment Style: Garden
Building Class: C
Sale Type: Investment
Cap Rate: 6.63%
Lot Size: 2.49 AC
Building Size: 152,466 SF
Gross Rent Multiplier: 8.44
No. Beds: 118
No. Stories: 2
Year Built: 2010
Parking Ratio: 1.55/1,000 SF
Property Details
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Unit/Room Mix Information
Description No. Units Avg. Rent/Mo Sq. Ft2+1 54 600 818
1+1 64 500 644
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Location
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
13 Buildings - 118 Units Apartment Living Room
Property Photos
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Apartment Living Room Apartment Living Room
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Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Apartment Kitchen Apartment Kitchen
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Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Apartment Dining Area Apartment bBathroom
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Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Apartment Bedroom Apartment Bedroom
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Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Ext 2 Ext 3
Property Photos
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Exterior of Building View of Building from Across the Street
Property Photos
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Map View
Property Photos
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570
Myra Caridad [email protected](833) 628-3927 Ext: 102
M2 Property Group, LLC14257 Fm 2920Tomball, TX 77377
Bugambilias Apartments701 E 5th St, Mercedes, TX 78570