Four-Unit Multifamily
4708 N CYPRESS ST Pharr, TX 78577
4708 N CYPRESS ST, Pharr, TX, 78577
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For Sale
Contact for pricing
Four-unit multifamily property available for sale.
Property Size4,056 SF
Price / SF$106.02
Days on Market36
Property Features for 4708 N CYPRESS ST
General Information
- Standard status
- Active
- Size
- 4,056 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2014
Listing agency
Global Realty
(956) 627-3662
Listed by
Dean Chan
Source
Crexi
Added: Jun 17 Updated: Jul 21 at 1:03AM Checked: Jul 21 at 1:03AM
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 Global Realty
Investment Insights
Based on property information with market context.
This for-sale multifamily building consists of four units. The property was noted in public remarks as a four-unit asset.
The address is 4708 N Cypress St in Pharr, TX 78577.
With its four-unit configuration, the property is positioned for residential income use consistent with its existing multifamily setup.
The address is 4708 N Cypress St in Pharr, TX 78577.
With its four-unit configuration, the property is positioned for residential income use consistent with its existing multifamily setup.
Key Highlights
- 4‑unit multifamily property for sale
- Built in 2014
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 | $56.9k | $14.04 |
| − Vacancy | −$6.3k | −$1.55 |
| EGI | $50.7k | $12.49 |
| − OpEx | −$15.2k | −$3.75 |
| NOI | $35.5k | $8.74 |
4,056 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$506.7K
$443.4K – $591.2K
NOI $35,470 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$466.5K
$408.2K – $544.3K
NOI $32,657 @ 7.0% cap · market cap 7.59%
Theoretical Best
Hotel Hospitality
$3.06M
$2.67M – $3.56M
NOI $213,853 @ 7.0% cap · market cap 49.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property available for sale.
Where is this quadplex located?
The property is located at 4708 N CYPRESS ST Pharr, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 4‑unit multifamily property for sale; Built in 2014
