3802 / 3902 S Raddison Avenue Pharr, TX 78577
Two fourplexes with long-term tenants, fully occupied, gated community.
Property Features for 3802 / 3902 S Raddison Avenue
General Information
- Standard status
- Active
- Size
- 8,112 SF
- Property subtype
- Apartments
Building Details
- Year Built
- 2007
Listing office Assist-2-Sell, Buyers & Sellers Realty Group (626) 705-3509
Listing date Nov 21, 2025
Source Sperrycga
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Assist-2-Sell, Buyers & Sellers Realty Group
Investment Insights
Based on property information with market context.
Key Highlights
- Two Four‑Plex units (8 total units) being sold together.
- 100% Fully Occupied with long‑term tenants.
- Strong rental history (Rent Roll available upon request).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.9k | $14.04 |
| − Vacancy | −$12.6k | −$1.55 |
| EGI | $101.3k | $12.49 |
| − OpEx | −$30.4k | −$3.75 |
| NOI | $70.9k | $8.74 |
