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1802 N Sugar Rd 4 Unit Apartment Building $663,252 CAD ($165,813 CAD/Unit) 7.22% Cap Rate Edinburg, TX 78541
Investment Highlights
- Brand new construction quadplexes available.
- Coffered ceiling in living room.
- High-end finishes throughout units.
- Stainless steel appliances and quartz countertops in kitchen.
Executive Summary
New Construction fourplexes for sale in new gated multifamily community in Edinburg, TX . Fourplexes built 2024/2025. All Fourplexes in subdivision have a modern uniform facade. Fourplexes have front units being 2bedroom/2bath and back units being 3bedroom/2bath. Units have a modern open concept floorplan with wood like tile throughout (no carpet). Kitchen custom cabinets, large island with quartz countertops.Spacious bedrooms with large closets. Master bedroom has a bathroom with tiled shower with glass door and spacious closet.All units have their own private fenced backyard. Stainless steel refrigerators, stoves, microwaves included as well as washer and dryer. 8 Carport Designated Spaces per fourplex. Great Investment Opportunity, Fully Leased, Immediate Cash Flow!
$485,000 - $490,000 (depending on sqfootage) each four-plex
A Total of 26 Fourplexes (104 doors) are available
Buildings can be sold as a bulk or individually.
Some Fourplexes have white cabinets/gray cabinets/ brown cabinets. Some finishes may vary*
If you have any questions, please feel free to contact me via text, call, email.
LA is related to Seller. LA/Owner. Seller is a licensed real estate agent in Texas.
$485,000 - $490,000 (depending on sqfootage) each four-plex
A Total of 26 Fourplexes (104 doors) are available
Buildings can be sold as a bulk or individually.
Some Fourplexes have white cabinets/gray cabinets/ brown cabinets. Some finishes may vary*
If you have any questions, please feel free to contact me via text, call, email.
LA is related to Seller. LA/Owner. Seller is a licensed real estate agent in Texas.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$68,924
|
$17.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$68,924
|
$17.02
|
| Taxes |
$13,470
|
$3.33
|
| Operating Expenses |
$6,769
|
$1.67
|
| Total Expenses |
$20,239
|
$5.00
|
| Net Operating Income |
$48,684
|
$12.02
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $68,924 |
| Annual Per SF | $17.02 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $68,924 |
| Annual Per SF | $17.02 |
| Taxes (CAD) | |
|---|---|
| Annual | $13,470 |
| Annual Per SF | $3.33 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,769 |
| Annual Per SF | $1.67 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $20,239 |
| Annual Per SF | $5.00 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $48,684 |
| Annual Per SF | $12.02 |
Property Facts
| Price | $663,252 CAD | Building Class | B |
| Price Per Unit | $165,813 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 4,050 SF |
| Cap Rate | 7.22% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 1.98/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Multi-Family - Multi-Family Subdivision | ||
| Price | $663,252 CAD |
| Price Per Unit | $165,813 CAD |
| Sale Type | Investment |
| Cap Rate | 7.22% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 4,050 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | Multi-Family - Multi-Family Subdivision |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Dining Room
- Double Pane Windows
- Framed Mirrors
- Freezer
- Instant Hot Water
- Island Kitchen
- Lawn
- Pantry
- Window Coverings
Site Amenities
- Fenced Lot
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | $1,487 CAD | - |
| 3+2 | 2 | $1,624 CAD | - |
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Presented by
Daniela Perez
1802 N Sugar Rd
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