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Property Overview

Price/Rent PSF $ 317,315.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 12616.00
Date Available 11/14/2018
Additional URL Link
Floors 2
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Description

Location
Situated in Weslaco just seconds North of Expressway 83, this value-add apartment complex offers convenience to its tenants and opportunity to its owners.

Sale
708 & 712 E Sugar Cane Dr are adjacent and identical properties, each consisting of two, three-unit apartment buildings that currently rent for $425/month/unit. All twelve units are two bedrooms, one and a half bathrooms, and feature spacious floor plans and central HVAC. The property is entirely fenced and offers a large, generously-shaded, grassy lawn for tenant enjoyment. With some minor improvements and renovation, rents could easily be grown 5% annually for the next three years.

Location (Click here to view the location on the map.)
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

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