Verona Apartments

4 Unit Apartment Building | $505,000 ($126,250/Unit) | 7.49% Cap Rate | Weslaco, TX 78599

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $505,000

Property Type
Multifamily
Square Feet
4,050 SF

Listing Contacts

Daniela Perez
Daniela Perez
Verified Profile
  • Property Info

Property 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 13 Fourplexes available (52 doors) for sale at $505,000 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.

Property Details

Class
B
Year Built
2023
Stories
1
Lot Size (sq. ft)
9,583 SF
Units
4

Highlights

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

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