1416 Petri Dr - Apartments FOR SALE


Weslaco, TX 78599
$485,000 USD
956-777-9340
1416 Petri Dr, Weslaco, TX for Sale
$485,000 USD
Apartments - FOR SALE
1/30
null | 7.8% Cap Rate

1416 Petri Dr
Weslaco, TX 78599


HIGHLIGHTS

  • High Occupancy Property
  • Gated Multi-Family Subdivision Minutes Away from Highway, Restaurants, Schools

OVERVIEW

Fourplexes for sale in gated multifamily community in Weslaco, TX, this city serves as a perfect middle commute to the McAllen, TX or Brownsville, TX areas. Fourplexes built Late 2022- Early 2023.Prime Location: Minutes away from highway, schools, shopping. All Fourplexes in subdivision have a modern uniform facade. The fourplex has the front units being 2bedroom/2bath and back units being 3bedroom/2bath. Units have a modern open concept floorplan with wood like tile throughout (no carpet). Kitchen custom cabinets, large island with quartz/granite countertops.Spacious bedrooms with large closets. Master bedroom has a bathroom with tiled shower with glass door and spacious closet.All units have their own private fenced backyard. The back units will have a grassed backyard and the front units will have a concrete side yard. Stainless steel refrigerators, stoves, microwaves included as well as washer and dryer. 8 Carport Designated Spaces per fourplex. Tenants pay their own utilities. Great Investment Opportunity, Immediate Cash Flow! Fully Leased! There are 10 Fourplexes available (40 doors) for sale at $485,000 EACH fourplex (4 doors). Buildings can be sold as a bulk or individually. Some Fourplexes have white cabinets and others have brown cabinets. Some finishes may vary* If you have any questions, please feel free to contact me! LA is related to Seller. LA/Owner. Seller is a licensed real estate agent in Texas.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$2 USD /SF

# OF UNITS

4

PRICE/UNIT

$121,250

CAP RATE

7.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verona Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

8

LAND DETAILS

LAND ACRES

21.55 AC

LAND SF

938,662 SF

ZONING

Multi-Family

APN/PARCEL ID

A0800-00-000-1038-03

ASK ABOUT THIS PROPERTY

Daniela PerezDaniela PerezMore Info
956-777-9340

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Daniela PerezDaniela PerezMore Info
956-777-9340

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.