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Fourplexes 100% Occupied - Gated / Weslaco TX 1909 W Taft St 4 Unit Apartment Building $465,000 ($116,250/Unit) 6.78% Cap Rate Weslaco, TX 78599
INVESTMENT HIGHLIGHTS
- Gated Community
- Easy Commute to Highway
EXECUTIVE SUMMARY
Great Opportunity! Fourplex available in a highly sought-after Gated Community at Weslaco TX. The interior layout features 2 units 2/2 bedrooms and 2 units 3/2 bedrooms, contemporary finishes, including stainless steel appliances, granite countertops, custom cabinetry and Kitchen island ensuring a stylish and functional cooking space. private fenced patios. Each unit features . Full-size washers and dryers are included, providing residents with the convenience of in-unit laundry. 8 Assigned Carports. High occupancy and low maintenance! The ideal investment to boost your cash flow.
Located right off Expressway 83 on Westgate Blvd. Weslaco TX.
2 Fourplexes available next to each other. 1909 W Taft and 2001 W Taft St. Weslaco TX 78596 $465,000 each. Can be Sold individually or as portfolio.
Located right off Expressway 83 on Westgate Blvd. Weslaco TX.
2 Fourplexes available next to each other. 1909 W Taft and 2001 W Taft St. Weslaco TX 78596 $465,000 each. Can be Sold individually or as portfolio.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $465,000 | Building Class | B |
| Price Per Unit | $116,250 | Building Size | 4,212 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.78% | No. Stories | 1 |
| No. Units | 4 | Year Built | 2020 |
| Property Type | Multifamily | Parking Ratio | 1.9/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $465,000 |
| Price Per Unit | $116,250 |
| Sale Type | Investment |
| Cap Rate | 6.78% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 4,212 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2020 |
| Parking Ratio | 1.9/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Island Kitchen
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | $1,015 | 910 |
| 3+2 | 2 | $1,233 | 1,111 |
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Fourplexes 100% Occupied - Gated / Weslaco TX | 1909 W Taft St
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