Listed by Encore Fine Properties
$515,000
1606 Playa Drive
Details
APN T165000000001100
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,950
Units 4
Year Built 2023
Buildings 2
Acreage 0.233
Parking Spaces 8 spaces
Parking per 1,000 SqFt 2.03
Multifamily | 4 Units
Marketing description
Turnkey investment opportunity offering immediate cash flow in one of Weslaco’s established rental markets. This fully occupied fourplex generates $5,025 per month ($60,300 annually) with long-term tenants already in place, making it an ideal addition to any investment portfolio.
Built only a few years ago, the property features modern finishes, durable construction, spacious floor plans, and low-maintenance materials designed to maximize long-term returns. Located in a well-established neighborhood with strong rental demand, this asset provides investors with stable income from day one.
Whether you’re completing a 1031 exchange, expanding your rental portfolio, or purchasing your first multifamily investment, this property checks every box.
Listing Contacts
Listed by Encore Fine Properties
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