Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details
- Year built
- 2023
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents 10 of 22 newly constructed quadplexes (88 total units) in Weslaco, Texas, a rapidly growing city. Located conveniently off Interstate Hwy 2, this property boasts a projected 10% cap rate and is situated within a gated community, offering residents both security and convenience. Each unit features luxurious finishes including 13-foot ceilings, quartz countertops, and tile flooring, minimizing maintenance and maximizing appeal. The stucco exterior contributes to a contemporary and stylish aesthetic. Energy-efficient construction ensures lower utility costs for residents, aligning with sustainable living practices. The prime location offers easy access to Weslaco High School, trendy restaurants, entertainment, and shopping centers. This is a pre-construction sale of a single-story building (APN: 12341234), representing a rare chance to acquire a high-yield multifamily property in a thriving Texas market. The asking price is $5,000,000. The property is located at West Pike, Weslaco, TX 78596 (Hidalgo County). This is an unparalleled opportunity for savvy investors seeking strong returns in a desirable location. The building was completed in 2023.
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
