2701 S Midway Rd Weslaco, TX 78596
For Sale
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This exceptional multifamily investment opportunity presents a 13-unit apartment building situated on a spacious 1.01-acre lot in Weslaco, Texas. Constructed in 2007, the property comprises two buildings, offering a blend of convenience and potential for strong returns. The complex boasts a total of 13 individual apartment units, providing a substantial rental income stream. Located at 2701 S Midway Road, Weslaco, TX 78596, this property benefits from its strategic location within the city. The property's solid construction and relatively recent build date minimize the need for immediate major capital expenditures, allowing investors to focus on maximizing rental income and occupancy rates. The substantial lot size offers potential for future expansion or development, adding further value to this already attractive investment. With its proven track record of generating income and its promising location, this property represents a compelling opportunity for discerning investors seeking a stable and profitable addition to their portfolio. The property is zoned for multifamily use and is ready for immediate occupancy. Financial records are available upon request, providing detailed information on the property's performance and financial history. This is a turnkey investment ready for a new owner to step in and continue the success. This is an excellent opportunity to acquire a well-maintained, income-producing property in a growing Texas market.
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Midway Apartment Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RS · Weslaco, TXWeslaco. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.