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1802 N Sugar Rd 4 Unit Apartment Building $500,000 ($125,000/Unit) 7% Cap Rate Edinburg, TX 78541
INVESTMENT HIGHLIGHTS
- Brand new construction quadplexes available.
- Coffered ceiling in living room.
- High-end finishes throughout units.
- Stainless steel appliances and quartz countertops in kitchen.
EXECUTIVE SUMMARY
New Construction fourplexes for sale in new gated multifamily community in Edinburg, TX . Fourplexes built 2024/2025. All Fourplexes in subdivision have a modern uniform facade. Some fourplex have front units being 2bedroom/2bath and back units being 3bedroom/2bath and some Fourplexes are all 3bed/2 bath units. Units have a modern open concept floorplan with wood like tile throughout (no carpet). Kitchen custom cabinets, large island with quartz 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. Stainless steel refrigerators, stoves, microwaves included as well as washer and dryer. 8 Carport Designated Spaces per fourplex. Great Investment Opportunity, Fully Leased, Immediate Cash Flow!
We have 2 models of Fourplexes available:
Mixed Model (2 units (2bed/2bath) , 2 units (3bed/2bath) ) - $500,000 each four-plex and $510,000 (bigger sqfootage) each four-plex
Buildings can be sold as a bulk or individually.
Some Fourplexes have white cabinets/gray cabinets/ brown cabinets. Some finishes may vary*
If you have any questions, please feel free to contact me via text, call, email.
LA is related to Seller. LA/Owner. Seller is a licensed real estate agent in Texas.
We have 2 models of Fourplexes available:
Mixed Model (2 units (2bed/2bath) , 2 units (3bed/2bath) ) - $500,000 each four-plex and $510,000 (bigger sqfootage) each four-plex
Buildings can be sold as a bulk or individually.
Some Fourplexes have white cabinets/gray cabinets/ brown cabinets. Some finishes may vary*
If you have any questions, please feel free to contact me via text, call, email.
LA is related to Seller. LA/Owner. Seller is a licensed real estate agent in Texas.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$50,400
|
$12.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,400
|
$12.44
|
| Taxes |
$9,850
|
$2.43
|
| Operating Expenses |
$4,950
|
$1.22
|
| Total Expenses |
$14,800
|
$3.65
|
| Net Operating Income |
$35,600
|
$8.79
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $50,400 |
| Annual Per SF | $12.44 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $50,400 |
| Annual Per SF | $12.44 |
| Taxes | |
|---|---|
| Annual | $9,850 |
| Annual Per SF | $2.43 |
| Operating Expenses | |
|---|---|
| Annual | $4,950 |
| Annual Per SF | $1.22 |
| Total Expenses | |
|---|---|
| Annual | $14,800 |
| Annual Per SF | $3.65 |
| Net Operating Income | |
|---|---|
| Annual | $35,600 |
| Annual Per SF | $8.79 |
PROPERTY FACTS
| Price | $500,000 | Building Class | B |
| Price Per Unit | $125,000 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 4,050 SF |
| Cap Rate | 7% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 1.98/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Multi-Family - Multi-Family Subdivision | ||
| Price | $500,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 4,050 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | Multi-Family - Multi-Family Subdivision |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Dining Room
- Double Pane Windows
- Framed Mirrors
- Freezer
- Instant Hot Water
- Island Kitchen
- Lawn
- Pantry
- Window Coverings
SITE AMENITIES
- Fenced Lot
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | $1,088 | - |
| 3+2 | 2 | $1,188 | - |
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Presented by
Daniela Perez
1802 N Sugar Rd
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