Property summary
This exceptional investment opportunity presents a beautifully remodeled, eight-unit apartment complex located at 720 E Sugarcane Drive, Weslaco, Texas, 78599. The property, built in 1983, comprises two fourplex buildings situated on a spacious 20,999.84 square foot lot. Each of the eight units boasts two bedrooms and one full bathroom, complemented by a convenient half-bath for guests on the first floor. All living spaces are located upstairs in this two-story complex. The property benefits from recent significant upgrades, including brand new air conditioning units, fresh paint throughout, a completely new roof, and updated water heaters. Parking is ample, with two designated spaces provided for each unit. While the property shares a single water meter, each unit is equipped with its own individual electrical meter, simplifying utility management. This well-maintained complex offers a strong return on investment potential in a desirable Weslaco location. The property's features, combined with its recent renovations, make it an attractive option for investors seeking a turnkey multifamily property in Hidalgo County, Texas. This is a rare opportunity to acquire a well-maintained, eight-unit apartment complex in a prime location. Don't miss out!
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6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2022Property description
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CO · Weslaco, TXZoning
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