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Property profile

901 Palm Dr Pharr, TX 78577

OFF-MARKET
Apartment buildings
Property ID
US82-2674977
Built 2005
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully rented four-unit apartment building located at 901 S Palm Drive, Pharr, Texas, 78577. Built in 2005, this property boasts two buildings situated on a generous 8,170.114 square foot lot. Each of the four units offers two bedrooms and two bathrooms, complete with modern amenities including washer, dryer, refrigerator, and stove. Granite countertops add a touch of elegance to these well-appointed units. The property's prime location provides convenient access to major roadways like Expressway 83 and 281, ensuring easy commutes for residents. Furthermore, its proximity to a variety of restaurants, shops, and coffee shops enhances its appeal. The surrounding area also offers abundant employment opportunities, making this a highly desirable location for renters. The asking price for this turnkey investment is $389,000. This property represents a strong potential for consistent rental income and long-term appreciation. Don't miss this chance to acquire a well-maintained, high-demand multifamily property in a thriving Texas market.

Property profile

Verified
Property type Apartment buildings
Year built 2005
UPID US82-2674977

Cap rate & NOI

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

Location

901 Palm Dr 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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