Listed by Big Realty
$460,000
1403 Marcela Drive
Details
APN V315000000000900
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,900
Units 4
Cap Rate 8.64%
NOI $52,000
Occupancy 100%
Price per SqFt $118
Class A
Year Built 2023
Buildings 2
Stories 1
Acreage 0.221
Parking Spaces 8 spaces
Parking Per SqFt 2.05
Fully leased 4-unit multifamily investment in Weslaco’s growing market
Marketing description
Fourplex in Weslaco’s gated Verona subdivision, recently built in 2023. Units offer 2 bedrooms and 2 bathrooms with an open layout, quartz counters, wood-look tile, and large closets. Each unit includes appliances, washer and dryer, and a private fenced backyard. Eight covered parking spaces. Strong rental appeal in a growing part of Weslaco near schools, shopping, and dining. Solid long-term income property.
Listing Contacts
Listed by Big Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,000.00
$4,333.33/mo
Valuation Metrics
0
DSCR
11.3%
Cap Rate
11.3%
ROI
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