8,320 SqFt
8,320 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,320 sqft
Subdivision Bonita Homes
MLS Listing ID 498342
HOA Y/N No
Year Built 2022
Annual Tax Amount $18,755
Tax Year 2025
Lot Size 0.513 Acres
Acres 0.5135
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
Presenting a gorgeous, fully occupied 8-PLEX located in the heart of WESLACO TX. This property offers a strong and consistent income stream, making it an ideal addition to any investment portfolio.
The property features:4 units with 3 bed/ 2 bath , 4 units with 2 bed / 2 bath
Each unit boasts beautiful, spacious open-concept layouts with high ceilings, LED recessed lighting throughout, and stunning flooring. The kitchens are generously sized and come fully equipped with all appliances included.
This property delivers reliable cash flow and stable occupancy, with a gross annual income of $115,800 and an attractive cap rate of 10.1%
Conveniently located just minutes from major retailers such as Walmart, H-E-B, and other essential shopping and dining options, this location is highly desirable for tenants
Location
State TX
County Hidalgo
Community Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (Other)
Interior
Interior Features Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Mature Trees
Fence Wood
Community Features Sidewalks, Street Lights
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Mature Trees
Faces From Business 83 south on Bridge. Left on Jesse.
Story 1
Foundation Slab
Sewer City Sewer
Structure Type Stucco
New Construction No
Schools
Elementary Schools Noemi Dominguez
Middle Schools Cuellar
High Schools Weslaco East H.S.
Others
Tax ID B361000000000600
Security Features Smoke Detector(s)
Nearby Locations
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