300 Retama Ln Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 300 Retama Ln
- Year built
- 2022
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional Weslaco, Texas investment property presents a rare opportunity to acquire a fully leased fourplex apartment building. Built in 2022, this meticulously maintained property boasts two buildings situated on a spacious 9,300 square foot lot at 300 Retama Lane, zip code 78596. The property comprises four units, offering a mix of spacious floor plans. Two units feature two bedrooms and two bathrooms, while the remaining two units provide one bedroom and one bathroom each. All units showcase modern design elements, including open layouts, contemporary flooring, elegant granite countertops throughout, stylish modern lighting fixtures (including recessed lighting), and sleek white cabinetry. Appliances are included in each unit, and convenient carports are provided. The property benefits from its prime location within a highly desirable Weslaco subdivision. Currently operating at 100% occupancy, this turnkey investment offers immediate cash flow. Professional property management services are available as an option, ensuring seamless operation and maximizing return on investment. This is an exceptional opportunity for investors seeking a high-performing, low-maintenance multifamily asset in a thriving Texas market. The asking price for this remarkable property is $485,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9743
- Latitude
- 26.1605
