2904 Charlie Rd Weslaco, TX 78596
This exceptional investment opportunity presents a brand-new, four-unit apartment building in Weslaco, Texas. Completed in 2024, this property boasts two separate buildings situated within the desirable Dominions Subdivision, a gated community. The convenient location offers easy access to Highway 83, placing residents near a wealth of dining, shopping, and entertainment venues. The property sits on a sizable 9,172.86 square foot lot. Each building houses two distinct units, providing a mix of living spaces. One building features a 3-bedroom, 2-bathroom unit, and the other a 2-bedroom, 2-bathroom unit. This configuration caters to diverse renter preferences, maximizing occupancy potential. The asking price for this turnkey investment is $485,000. This fourplex represents a compelling opportunity for investors seeking strong returns in a thriving Texas market. The property's new construction status minimizes maintenance concerns and ensures modern amenities, attracting high-quality tenants. Its location within a gated community enhances security and desirability. Don't miss this chance to acquire a high-yield investment property in a rapidly growing area. The property is located at 2904 Charlie Road, Weslaco, TX 78596.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.