Listed by Bryan Bjerke
$500,000
1805 Angelina Drive
Details
APN M319900001001300
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,000
Units 4
Cap Rate 8.59%
NOI $42,937
Occupancy 100%
Price per SqFt $125
Broker Co-Op Yes
Class B
Year Built 2022
Buildings 2
Stories 1
Lot Size (SqFt) 10,070
Zoning multifamily residential
Parking Spaces 8 spaces
Parking Per SqFt 2.00
Fully leased ALL 3bed/2 ba quality Fourplex with appliances, yards and parking!
Marketing description
Welcome to Meadow Ridge! Fully leased! Small community in prime area. Modern design with ALL 4 - 3 bed/2 bath units. Long lasting high quality surfaces, and built in features that attract tenants. Quality design with Stainless Steel kitchen appliances, and Microwave,Washer/Dryer included in units, kitchen has thick quartz countertops, walk-in closets and private yards located very close to McAllen, UTRGV, City Center, restaurants, shopping, La Plaza Mall. Quiet Area but close to everything. These units are perfect for anyone one looking for an investment property. With a gray neutral color scheme that flows from the exterior into the interior of each unit, this property exuberates a clean and sleek design.
Listing Contacts
Listed by Bryan Bjerke
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,937.00
$3,578.08/mo
Valuation Metrics
0
DSCR
8.59%
Cap Rate
8.59%
ROI
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