Log In/Sign Up
Your email has been sent.
3925 Jenna Ln
Weslaco, TX 78599
12 - 70 Luxury Fourplex's at Heron's Landing · Multifamily Property For Sale
·
48 Units
Investment Highlights
- Leases Guaranteed, 12 Brand New Fourplexes immediately available, with option to take next phases to a total of 69
- Amenities Proposed-Clubhouse, Gym, Dog Park & Pickle-Ball Sport Court!!
- Low to zero maintenance in many areas such as floors, and Side/backyard spaces.
Executive Summary
Heron’s Landing represents an Urban, High end, Luxury Fourplex development that is a very rare find! The first phase is fully leased with leases in hand. Builder is proposing amenities, Clubhouse, Gym, Dog park with Dog wash station and Pickle ball Sport Court. NO Fourplex communities do this!! These units are popular because of the great, quiet location, fast access to the interstate, schools and commuting distance from the McAllen MSA, as well as Brownsville, Texas and the new Aerospace complexes growing there by leaps and bounds. These units were built with the owner and tenant in mind. Beautiful top end Stainless Steel Kitchen appliances by LG, and each unit also has a Washer/Dryer included! Each Fourplex is 4,500 SF, with a great mix of 2 each 2-Bed/2-Bath, and 2 each 3-Bed/2-Bath units. Near Zero maintenance floors of polished concrete are very popular! Low to zero maintenance side/back yards. The builder runs the HOA and leasing, and will guarantee the first years leases. And so much more. Download the Offering Memorandum for much more information.
Property Facts Under Contract
| Price Per Unit | $135,000 | Lot Size | 2.94 AC |
| Sale Type | Investment | Building Size | 254,000 SF |
| Cap Rate | 8% | Average Occupancy | 20% |
| No. Units | 48 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 1.78/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | Multi-family Residential - Multi-family Residential | ||
| Price Per Unit | $135,000 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.94 AC |
| Building Size | 254,000 SF |
| Average Occupancy | 20% |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 1.78/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Multi-family Residential - Multi-family Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Double Pane Windows
- Window Coverings
Site Amenities
- 24 Hour Access
- Clubhouse
- Fitness Center
- Tenant Controlled HVAC
- Package Service
- Pet Play Area
- Online Services
- Pet Care
- Smoke Detector
- Pickleball Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 24 | $1,350 | 1,250 |
| 2+2 | 24 | $1,225 | 1,000 |
Property Taxes
| Parcel Number | A0800-00-000-1034-03 | Improvements Assessment | $0 |
| Land Assessment | $25,958 | Total Assessment | $25,958 |
Property Taxes
Parcel Number
A0800-00-000-1034-03
Land Assessment
$25,958
Improvements Assessment
$0
Total Assessment
$25,958
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
