Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • High occupancy new fourplex subdivision

Executive Summary

100% Rented. FOURPLEX available on one of the best located new multifamily subdivisions in Weslaco. Fourplex features 2 units with 2/2 bedrooms and 2 units with 1/1 bedrooms. A must see unit with an open layout, modern flooring, granite Countertops all over, modern lighting fixtures including recessed lighting throughout the unit, modern sleek white cabinetry. Appliances included and carports.
Fully leased with professional property management in place as an option.
Price per fourplex $435,000
4 Available Fourplexes next to each other (can be sold individually or as a portfolio)

Taxes & Operating Expenses (Pro Forma - 2025) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro Forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $590,227 CAD
Price / SF $48.40 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 6.65%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 12,196 SF
Total Land Area 0.70 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Multifamily 3,074 SF 2022 -
400 Retama Ln, Weslaco, TX 78596 Multifamily 6,048 SF 2022 -
304 S Retama Ln, Weslaco, TX 78596 Multifamily 3,074 SF 2022 -
308 S Retama Ln, Weslaco, TX 78596 Multifamily 3,074 SF 2022 -
Show More > < Show Less
  • Listing ID: 32711612

  • Date on Market: 2024-08-06

  • Last Updated:

  • Address: Fourplexes at Airport Heights Weslaco, Weslaco, TX

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}