Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details
- Year built
- 2023
- Property type
- Apartment buildings
Description
This exceptional 4-unit apartment building, constructed in 2023, presents a compelling investment opportunity in Weslaco, Texas. Located in a gated community near Interstate Hwy 2 and Weslaco High School, this property offers unparalleled convenience and access to local amenities, including restaurants, shopping, and entertainment. Each unit boasts 13-foot ceilings, luxurious quartz countertops, and tile flooring, creating a sophisticated and easy-to-maintain living space. The stucco exterior adds to the contemporary charm. The energy-efficient design contributes to lower utility costs for residents, aligning with sustainable living practices. With 16 parking spaces available, residents enjoy ample parking. The property features a projected cap rate exceeding 10%, making it an attractive investment for discerning buyers. This is one of 22 exquisite quadplexes available in a rapidly growing area of Weslaco, a city experiencing significant expansion. The asking price is $2,000,000, and the property's APN is 123412341. This is a pre-construction sale. Don't miss this chance to own a piece of Weslaco's thriving real estate market. The property is situated in Hidalgo County, Texas, with a zip code of 78596.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0066
- Latitude
- 26.1697