Description
New fourplex subdivision on Atwood Village, minutes from the University of Texas Rio Grande Valley, close to many grocery stores and restaurants. Perfect investment opportunity with approximate Cap Rate is 8%, $62,500 Potential Annual Income. This 3 bed, 2 bath fourplex with 4,216 Sq Ft includes tile flooring, granite countertops, and 2 covered parking spaces per unit. The apartment is under construction, it is expected to be completed in July. The pictures on the listing are used as a reference from the builder's most recent construction. Cash, Construction loan or 30% down with draw schedule with 3 payments throughout the construction process. Architectural plans and engineering are available. Rents projected $1200-$1350 for 3 bedroom units. Reserve your fourplex today!
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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4,216SQFT
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$125$/SQFT
School Information
Description
New fourplex subdivision on Atwood Village, minutes from the University of Texas Rio Grande Valley, close to many grocery stores and restaurants. Perfect investment opportunity with approximate Cap Rate is 8%, $62,500 Potential Annual Income. This 3 bed, 2 bath fourplex with 4,216 Sq Ft includes tile flooring, granite countertops, and 2 covered parking spaces per unit. The apartment is under construction, it is expected to be completed in July. The pictures on the listing are used as a reference from the builder's most recent construction. Cash, Construction loan or 30% down with draw schedule with 3 payments throughout the construction process. Architectural plans and engineering are available. Rents projected $1200-$1350 for 3 bedroom units. Reserve your fourplex today!
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: 2023-12-04T00:17:25.58.