This six unit, two-story, income producing, multi-plex property is available for sale, sitting on an ample lot outside city limits. Excellent investment oportuntiy. This sixplex layout provides maximum rental opportunity with a space saving design. Each unit emphasizes cost efficiency, modern comfort, and practical living.
Multi-familyProperty Type
1980Year Built
0.28 acresLot Size
$125Price/Sq.Ft.
12 spacesParking
Listed by Yolanda Rivas• Savir Real Estate Services
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Open houses
No upcoming open houses.
Around this home
Schools
K - 12
Preschool & daycare
Benavides Heights Elementary School
Public 1-6 • Assigned • 0.7mi
5/10
Memorial Junior High School
Public 7-8 • Assigned • 1.2mi
5/10
C.C. Winn High School
Public 9-12 • Assigned • 2.6mi
3/10
Provided by GreatSchools
About Loma
Bonita
Loma Bonita, located between Eidson Road and the Rio Grande, is a residential and rural-edge Eidson Road neighborhood with low-slung homes and wide-open skies. The neighborhood reads as quiet and practical, with driveways, shade trees, and long views across brushland. The most concentrated sense of place gathers around the Eidson Rd corridor near the community’s small storefronts and service stops, where daily errands and roadside conversation set the tempo. Architecture leans toward single-story houses and modest ranch-style footprints on generous lots. Life here orbits outdoor space and the river landscape, with a pace shaped by heat, wind, and big horizons.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Ceramic tile flooring
Bedrooms
Six 2-bedroom units (each unit has 2 bedrooms)
Bathrooms
Each unit has 1 full bathroom
Kitchen
Each unit includes an oven/stove and refrigerator
Laundry & utility
Separate electric meters
Common water meters
Flooring
Ceramic tile
Heating & cooling
Central heating (electric)
Unit central air conditioning
Exterior features
Recent rehabilitation
Brick exterior
Home design
6-unit multifamily building
Pre-owned
Approximately 46 years old
Parking
Pad parking with 2 spaces per unit
Construction
Slab foundation
Composition roof
Utilities
Separate electric meters
Common water meters
HOA & community
Located in the Loma Bonita subdivision
Financial info
Gross annual income: $57,300
Net operating income: $52,516
Annual operating expenses: $14,000
Operating expenses include taxes, maintenance, management, and other (see remarks)
Current rents by unit: Unit 1 $850 (occupied), Unit 2 $825 (occupied), Unit 3 $700 (occupied), Unit 4 vacant, Unit 5 $800 (occupied), Unit 6 $800
0% stated vacancy rate
Sale includes buildings
Other
Down payment resource not available
Electricity and solar
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