Multifamily Housing - For Sale
117 N 6th St Donna, TX 78537
Details & Description
Price: $475,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.340
  • Building Sq Ft 5,600
  • Building Price per Sq Ft $84.82
  • Land Sq Ft 14,810
  • Land Price per Sq Ft $32.07
Highlights Brand-new construction (October 2019) 4 x 2/1 no private outdoor space @ $650/m 3 x 2/1 with private outdoor space @ $700/m 100% occupied Tenants pay their own water bills Excellent visibility for sourcing new tenants Full-size washer/dryer connectionsDescriptionThis brand-new, seven unit apartment complex was completed in late 2019 and is fully occupied by tenants on 12 month leases. The spacious, two bedroom, one bathroom apartments sit on a quiet yet highly-visible hard corner in Donna, and each unit has two designated parking spaces. Each unit is individually metered for water and electricity, leaving waste management as the only landlord utility expense. Three units feature a private outdoor space, and these units rent for $700/m. The other four units feature no such space and rent for $650/m. The total monthly gross scheduled income for this complex is $4,700.LocationNestled in a quite corner of Donna, this 7 unit apartment complex offers residents both privacy and quick access to expressway 83.
Listing Agents
Zachary Sunderland

O: 956-255-7135
zacharypsunderland@gmail.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

117 N 6th St

Donna, TX 78537

Listing ID: 161291
$475,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.340
  • Building Sq Ft 5,600
  • Building Price per Sq Ft $84.82
  • Land Sq Ft 14,810
  • Land Price per Sq Ft $32.07
117 N 6th St Donna, TX 78537 | for Sale | Photo 1
Description
Highlights



Brand-new construction (October 2019)
4 x 2/1 no private outdoor space @ $650/m
3 x 2/1 with private outdoor space @ $700/m
100% occupied




Tenants pay their own water bills
Excellent visibility for sourcing new tenants
Full-size washer/dryer connections



Description

This brand-new, seven unit apartment complex was completed in late 2019 and is fully occupied by tenants on 12 month leases. The spacious, two bedroom, one bathroom apartments sit on a quiet yet highly-visible hard corner in Donna, and each unit has two designated parking spaces. Each unit is individually metered for water and electricity, leaving waste management as the only landlord utility expense. Three units feature a private outdoor space, and these units rent for $700/m. The other four units feature no such space and rent for $650/m. The total monthly gross scheduled income for this complex is $4,700.



Location

Nestled in a quite corner of Donna, this 7 unit apartment complex offers residents both privacy and quick access to expressway 83.

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Mcallen History of Multifamily Housing for Sale

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Donna Area Market Trends

Listing Demographics for 117 N 6th St Donna, TX 78537

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population9,72344,121111,996
Population Median Age343232
Population by Age0-9 Yrs1969 (20%)8789 (19%)21396 (19%)
10-19 Yrs1428 (14%)8292 (18%)20879 (18%)
20-29 Yrs1406 (14%)6346 (14%)15951 (14%)
30-39 Yrs1218 (12%)5676 (12%)13999 (12%)
40-49 Yrs928 (9%)4576 (10%)12495 (11%)
50-59 Yrs894 (9%)3657 (8%)9971 (8%)
60-69 Yrs904 (9%)2819 (6%)7705 (6%)
70+ Yrs977 (10%)3967 (8%)9599 (8%)
Median HH Income$28,965$32,063$33,889
Total Household Income< 24K1327 (45%)4573 (39%)11625 (37%)
25-49K723 (24%)3306 (28%)7902 (25%)
50-74K320 (11%)1802 (15%)4956 (16%)
75-99K338 (11%)1048 (8%)2786 (9%)
100-199K176 (6%)917 (7%)3271 (10%)
200K+21 (0%)65 (0%)240 (0%)
Highest Education LevelNo Diploma2154987623626
Diploma or GED1585605415319
Some College969471311886
Assoc. Degree2427072278
Bachelors Degree49418615942
Higher Degree2165112081
Total Housing Units3,59314,36337,250
--Owner-Occupied1,7328,66222,643
--Renter-Occupied1,1733,0508,138
Owner-Occupied Values< 100K1534701715992
100-199K16314495482
200-299K35149872
300-399K024230
400-499K02023
500K+0344
Total Working Age Population6,86630,17677,360
In Work Force3,75616,42443,018
Not In Work Force3,11013,75234,342
Workforce Employed3,50015,17940,141
Workforce Unemployed2561,2452,876
Civlian Workforce3,75616,42443,018
Military Workforce000
Total Households2,90611,71130,781
Family Households2,3159,64624,929
Non-Family Households5912,0665,853
Married Couple1,2176,22016,456
Other Family1,0983,4268,472
Married w/Child5423,3088,578
Single Male w/Child122367686
Single Female w/Child3871,2453,529

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Hidalgo County569,463+36774,769+12870,366+10956,044

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Corpus Christi International Airport (CRP) 116
San Antonio International Airport (SAT) 234
Austin Bergstrom International Airport (AUS) 279