Pike Blvd Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 0 Pike Blvd
- Year built
- 2023
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0066
- Latitude
- 26.1697
