6911 Labores Dr., Laredo, TX 78046

$1,298,950

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List Price
$1,298,950
Status
ACTIVE-EXCLUSIVE AGENCY
MLS#
20263030
Lot Size (Acres)
4.97
Lot Sq. Feet
216493

Property Description

This property is located adjacent to a 1,100-home site Master Planned Community with phase 1 completed and phase 3 having final plat approval. Located off the growing residential corridor of HWY 359, this property is ideal for multi-family development. Currently, there are no newly built apartment complexes in the area which will allow the developer/investor to “Set the Market” when it comes to rental rates and leasing opportunities. This is a great investment for both a long term operator or investor.

Additional Information

Area
05 E Of Ejido St., Between Hwy 359 And Southgate/Lomas Del Sur Blvd.

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Calculator source: Real Geeks

Listing courtesy of Compass Performance Services.