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925 N Iowa Ave 14 Unit Apartment Building Offered at $2,423,592 CAD at a 11.52% Cap Rate Brownsville, TX 78521
INVESTMENT HIGHLIGHTS
- Great location/ newly constructed duplex with fridge and stove included
- made of brick and always rental demand in area
- open concept with big kitchen counter top
EXECUTIVE SUMMARY
: Great investment opportunity!!!!! Take a look at this Units of 7 Duplexes total of 14 units build in 2024. The units consist of 2 Bedrooms 1 bath, with quartz counter top, open layout including fridge and stove with two parking spaces per unit, in a great location. All units are currently occupied and requires 24Hrs notice for showings.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Double Pane Windows
- Island Kitchen
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
1 1
PROPERTY TAXES
| Parcel Number | 742150-0240-305000 | Total Assessment | $1,710,186 CAD (2025) |
| Land Assessment | $97,966 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,612,220 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
742150-0240-305000
Land Assessment
$97,966 CAD (2025)
Improvements Assessment
$1,612,220 CAD (2025)
Total Assessment
$1,710,186 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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925 N Iowa Ave
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