Description
We present a unique opportunity to invest in a high-end fourplex, featuring four luxurious 3-bedroom, 2-bathroom units. Over 4,200 square feet of refined living space, with elegant tile floors, luxury lighting, and a perfect mix of showers and tubs. Private patios equipped with sprinkler systems enhance the living experience. With comparable properties projecting rental income at $1,350 per unit with water and trash services are included, this property offers excellent returns. Additional amenities include individual electric meters for each unit, covered parking for 6 to 8 vehicles, and two assigned parking spaces per unit. Located off Canton, this property boasts an impressive 8.4% projected CAP rate. Conveniently located blocks away from Expressway 281 and Wal Mart Super Center, UTRGV Stadium and in front of Los Lagos Golf Course. Don't miss this exceptional opportunity to secure a premium rental income asset. Construction starts Sept 2024, hold this unit with only $5k escrow!
-
0BEDS
-
0.24ACRES
-
0BATHS
-
01/2 BATHS
-
4,222SQFT
-
$128$/SQFT
School Information
Description
We present a unique opportunity to invest in a high-end fourplex, featuring four luxurious 3-bedroom, 2-bathroom units. Over 4,200 square feet of refined living space, with elegant tile floors, luxury lighting, and a perfect mix of showers and tubs. Private patios equipped with sprinkler systems enhance the living experience. With comparable properties projecting rental income at $1,350 per unit with water and trash services are included, this property offers excellent returns. Additional amenities include individual electric meters for each unit, covered parking for 6 to 8 vehicles, and two assigned parking spaces per unit. Located off Canton, this property boasts an impressive 8.4% projected CAP rate. Conveniently located blocks away from Expressway 281 and Wal Mart Super Center, UTRGV Stadium and in front of Los Lagos Golf Course. Don't miss this exceptional opportunity to secure a premium rental income asset. Construction starts Sept 2024, hold this unit with only $5k escrow!
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-09-09T22:18:43.133.