606 North Inspiration Road

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606 North Inspiration Road

Mission, TX 78572
Asking Price
$650K
Cap Rate
6%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

100% leased ,6 units with very limited competition from similar properties nearby <p><strong>Investment Opportunity!</strong> Built in <strong>2019</strong>, this modern 6-unit apartment property features six spacious <strong>2-bedroom, 2-bathroom</strong> units designed for low maintenance and strong tenant appeal. Located in the growing Mile 5 and Inspiration Road area of Mission, these newer apartments face <strong>very limited competition from similar properties nearby</strong>, helping maintain consistently high demand. The property is currently <strong>100% occupied</st

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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