18202 Washington Palm Dr Penitas, TX 78576

This exceptional investment opportunity presents a well-maintained six-unit apartment building located at 18202 Washington Palm Drive, Penitas, Texas, 78576. Built in 2004, this property sits on a substantial 21,783.92 square foot lot. The single building comprises six individual apartment units, currently boasting 100% occupancy and generating a stable monthly income of $4,500. The property benefits from a recently replaced roof, installed less than a year ago, minimizing immediate maintenance concerns. This turnkey investment is ideally situated in the thriving city of Penitas, Texas, offering significant potential for future growth and appreciation. The property's strong cash flow and low maintenance requirements make it an attractive option for both seasoned and novice investors seeking a reliable and profitable addition to their portfolio. The property's location in Hidalgo County provides easy access to local amenities and transportation networks. This is a rare opportunity to acquire a fully occupied, income-generating multifamily property in a rapidly developing area. Serious inquiries are encouraged to explore this promising investment prospect further.