1503 S Pamplona Street Pharr, TX 78577
Fourplex near expressway, hospitals, shops, and restaurants.
Property Features for 1503 S Pamplona Street
General Information
- Standard status
- Active
- Size
- 3,560 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2017
Listing office RE/MAX elite
Listing date Oct 5, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near expressway, hospitals, shops, and restaurants.
- Immediate cash flow from four fully rented units.
- Well‑maintained property built in 2017.
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 | $50.0k | $14.04 |
| − Vacancy | −$5.5k | −$1.55 |
| EGI | $44.5k | $12.49 |
| − OpEx | −$13.3k | −$3.75 |
| NOI | $31.1k | $8.74 |
