722 Sonesta Dr Harlingen, TX 78550
For Sale
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Investor Alert!! Excellent opportunity to own a well managed property in a great location with steady cash flow and upside potential in rents. This 4 unit property is conveniently located to schools, walking trail, retail stores and has easy access to major roads. Harlingen boasts a strong steady rental market and attracts tenants from all over the Rio Grand Valley due to its central location. The Rio Grande Valley is considered one of the fastest growing areas in Texas. This well constructed property is priced below replacement costs. Each unit is separately metered for electricity and water for increased cash flow from day one. Each two bedroom unit has ceramic tile floors, spacious open floor plans, full size washer/dryer connections , ceiling fans and vaulted ceilings in the bedrooms . Don't miss this opportunity and schedule a showing today.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.