A great time to add cash flow with a multifamily 16 units with onsite laundry facilities generating additional income to your
portfolio. As of march 28 2025 only two units are vacant ,The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes.
All apartments are 2 bedrooms 1 bath units. Roof was replaced in 2019, The property is conveniently close to
schools, and a science academy, minutes from the Mercedes Outlet Mall. Washers and Dryers are not leased and were purchased in 2021 along with the gas
water heater.
The tenants pay for electric and the landlord pays for water / trash ( appx $300 monthly ).
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