Property summary
This exceptional investment opportunity presents a brand-new, four-unit apartment building in Pharr, Texas, boasting a prime location near Expressway 281, Doctor's Hospital at Renaissance, and numerous shopping and entertainment options. Completed in mid-December 2024, the property comprises two buildings, each featuring two distinct units. One unit type offers three bedrooms and two bathrooms, while the other provides two bedrooms and two bathrooms. The total square footage is 4,100 square feet, situated on a generous 10,398.208 square foot lot. The asking price for this meticulously designed fourplex is $560,000. Its strategic location off Jackson Road, between Sioux Road and Ferguson Road, ensures high tenant occupancy rates and strong rental income potential. This property is ideal for both seasoned investors looking to expand their portfolio and first-time investors seeking a lucrative entry point into the multifamily market. The modern design and convenient location combine to create a highly desirable rental property in a thriving Texas community. This is a turnkey investment opportunity not to be missed.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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