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1408 Marcela Dr
Weslaco, TX 78599
Marcela Drive 4Plex · Multifamily Property For Sale
·
4 Units
Investment Highlights
- 3 minutes from Expressway
- 5 minutes from shopping.
- 5 minutes from schools
Executive Summary
The property's strong financial profile is highlighted by a robust Pro Forma Cap Rate of 8.14%. With a total gross monthly income of $4,800 and minimal vacancy, this investment promises a stable revenue stream. Operating expenses are carefully managed, ensuring a healthy Net Operating Income (NOI). Situated in a convenient location, this property is meticulously maintained, showcasing pride of ownership. The detailed financial information provided offers transparency and insight into the lucrative investment potential of this property. Act now to capitalize on this promising investment opportunity at 1408 Marcela Drive and secure your financial future today.
Property Facts
| Price Per Unit | $175,417 CAD | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 4,080 SF |
| Cap Rate | 8.14% | Average Occupancy | 75% |
| Gross Rent Multiplier | 8.68 | No. Stories | 1 |
| No. Units | 4 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 1.96/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Maria Jose Drive |
| Building Class | C | ||
| Zoning | Multi Family - 4Plex | ||
| Price Per Unit | $175,417 CAD |
| Sale Type | Investment |
| Cap Rate | 8.14% |
| Gross Rent Multiplier | 8.68 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 4,080 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 2025 |
| Parking Ratio | 1.96/1,000 SF |
| Cross Streets | Maria Jose Drive |
| Zoning | Multi Family - 4Plex |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Double Vanities
- Kitchen
- Granite Countertops
- Refrigerator
- Double Pane Windows
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | $1,513 CAD | 945 |
| 3+2 | 2 | $1,789 CAD | 1,095 |
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