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Portfolio of 4 Plex's at Medical Ridge 2 Multifamily Properties Offered at $1,040,000 in Pharr, TX
Investment Highlights
- Two-building portfolio located along W Garrison Drive with regional connectivity advantages.
- Strong regional growth dynamics fueled by logistics, retail, and residential demand in Pharr.
- Surrounding land use supported by mixed residential and commercial development, reinforcing long-term asset stability.
- Positioned near key transportation routes such as Interstate 2 (Expy 83) and I-69C for superior accessibility.
- Opportunity for enhanced income generation via professional property management and structured leasing strategies.
- Investors gain entry into an established, high-demand submarket promising scalable value creation.
Executive Summary
Two fourplexes at Medical Ridge subdivision in Pharr,TX. Excellent location. Close to shopping, restaurants, banking centers and near the expressway.
Units are very spacious with modern finishes. Each fourplex features two 3 bedroom units and two 2 bedroom units. Each unit is individually metered for water and electricity. Great rental history. Gated community.
Units are very spacious with modern finishes. Each fourplex features two 3 bedroom units and two 2 bedroom units. Each unit is individually metered for water and electricity. Great rental history. Gated community.
Property Facts
| Price | $1,040,000 | Number of Properties | 2 |
| Price / SF | $116.70 / SF | Individually For Sale | 0 |
| Cap Rate | 7.72% | Total Building Size | 8,912 SF |
| Sale Type | Investment | Total Land Area | 0.50 AC |
| Status | Active |
| Price | $1,040,000 |
| Price / SF | $116.70 / SF |
| Cap Rate | 7.72% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,912 SF |
| Total Land Area | 0.50 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1700 W Garrison Dr, Pharr, TX 78577 | Multifamily | 4,456 SF | 2017 | - |
| 1711 W Garrison Dr, Pharr, TX 78577 | Multifamily | 4,456 SF | 2017 | - |
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Portfolio of 4 Plex's at Medical Ridge