Listed by Bryan Bjerke
$450,000
6802 N 56th Lane
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,704
Units 4
Cap Rate 7.44%
NOI $33,480
Broker Co-Op Yes
Class B
Year Built 2022
Buildings 2
Stories 1
Lot Size (SqFt) 12,392
Zoning multifamily residential
Parking Spaces 8 spaces
Parking Per SqFt 2.16
Fully leased Fourplex in established gated community in McAllen
Marketing description
Welcome to Shary Manor in one of the fastest growing counties of Texas. This Fourplex is quality built. Extra large Cu-de-Sac lot and 8 car covered parking. The quality units have yards and appliances including washer/dryers. This gated community is in the most desirable school district in the county! It is near parks, restaurants, colleges, hospitals and vast amount of medical and jobs. These units are professionally managed.
Investment highlights
Gated Fourplex Community in the most desirable school district in the county
Fully leased and professionally property managed
Quality established builder
8 car covered parking
Yards and Washers & Dryers each unit
Listing Contacts
Listed by Bryan Bjerke
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,480.00
$2,790.00/mo
Valuation Metrics
0
DSCR
7.44%
Cap Rate
7.44%
ROI
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Tax History
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