Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details
- Year built
- 2023
- Property type
- Apartment buildings
Description
This exceptional 88-unit apartment building, completed in 2023, presents a compelling investment opportunity in Weslaco, Texas. Located in Hidalgo County, zip code 78596, this single-story complex boasts a projected cap rate exceeding 10%. The property features contemporary design elements throughout, including 13-foot ceilings, luxurious quartz countertops, and tile flooring in each unit. The stucco exterior contributes to both aesthetic appeal and low-maintenance upkeep. Energy-efficient construction ensures lower utility costs for residents, aligning with sustainable living practices. Situated in a gated community near Interstate Hwy 2, this location offers convenient access to Weslaco High School, restaurants, entertainment, and shopping. The property's APN is 12341234123. This pre-construction sale offers a chance to acquire a high-yield multifamily asset in a rapidly growing area. The asking price is $500,000. This is an unparalleled opportunity for investors seeking strong returns in a thriving Texas market. The property's prime location and modern amenities are sure to attract tenants, ensuring a steady stream of income. Don't miss this chance to own a piece of Weslaco's vibrant future.
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
