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Property profile & analytics
OFF-MARKET
Apartment buildings

0 Pike Blvd Weslaco, TX 78596

Built 2023
Property ID
Property summary
AI-generated overview

This exceptional pre-construction opportunity presents a brand-new, 88-unit apartment building in Weslaco, Texas, boasting a projected cap rate exceeding 10%. Located on W Pike Blvd in Hidalgo County (zip code 78596), this single-story complex comprises 22 quadplexes, each featuring 13-foot ceilings, luxurious quartz countertops, and tile flooring throughout. The stucco exterior contributes to a contemporary aesthetic, while energy-efficient construction ensures lower utility costs for residents. The property includes 16 parking spaces and is situated within a gated community, offering residents a secure and comfortable living environment. Its prime location offers easy access to Interstate Hwy 2, Weslaco High School, and a variety of restaurants, shopping centers, and entertainment venues. The property's modern design and desirable location make it an ideal investment for discerning buyers seeking high returns in a rapidly growing Texas city. The asking price is $11,000,000, and the APN is 123412341234. This is a rare chance to acquire a newly constructed, high-yield multifamily asset in a thriving market. Don't miss this opportunity to capitalize on the strong rental demand and significant growth potential of this exceptional property.

Property profile
Verified
Property type Apartment buildings
Year built 2023
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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