308 Retama Ln Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 308 Retama Ln
- Year built
- 2022
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully leased fourplex located at 308 Retama Lane, Weslaco, Texas, 78596. Built in 2022, this property boasts two buildings situated on a generous 8,799 square foot lot. The four units are currently 100% occupied, providing immediate cash flow. The property comprises a mix of unit sizes: two units offer two bedrooms and two bathrooms, while the remaining two units feature one bedroom and one bathroom. Each unit showcases a desirable open floor plan, complemented by modern finishes including granite countertops, sleek white cabinetry, and modern lighting fixtures, including recessed lighting. All units are equipped with appliances and include carports. The property's prime location within a highly sought-after Weslaco subdivision ensures strong rental demand. Professional property management services are available as an option for continued streamlined operation. This turnkey investment is ideal for those seeking a stable and profitable addition to their portfolio. The asking price for this exceptional multifamily property is $485,000. Don't miss this chance to acquire a high-performing asset in a thriving Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9742
- Latitude
- 26.16