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Property profile

3700 Sheraton Ave Pharr, TX 78577

OFF-MARKET
Apartment buildings
Property ID
US82-5451571
Built 2006
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Property summary

AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building situated in a desirable gated community in Pharr, Texas. The property, located at 3700 Sheraton Avenue, boasts a prime location offering convenient access to major expressways, schools, grocery stores, and shopping centers. Built in 2006, this property comprises two buildings situated on a spacious 8,999.93 square foot lot, providing ample space and mature landscaping. All four units are currently leased, generating immediate rental income. Each unit features two bedrooms and two bathrooms, and includes appliances. The property's location within a gated community enhances security and desirability for tenants. This turnkey investment is ideal for those seeking a stable and profitable addition to their portfolio. The property's strong tenant occupancy and convenient location make it a compelling investment opportunity in the thriving Pharr, Texas market. The zip code is 78577, and the Hidalgo County location offers further advantages. This multifamily property presents a rare chance to acquire a well-maintained, income-producing asset in a high-demand area.

Property profile

Verified
Property type Apartment buildings
Year built 2006
UPID US82-5451571

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3700 Sheraton Ave Pharr, TX 78577
Pharr metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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