For Sale
$475,000

2100 Taft St Weslaco, TX 78599

High-yield, 4-unit apartment building in Weslaco, TX

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a well-maintained, four-unit apartment building located at 2100 Taft Street in Weslaco, Texas, within Hidalgo County. Built in 2019, this Class B property boasts a total of 4,200 square feet across two one-story buildings situated on a 0.224-acre lot. The property features eight parking spaces, conveniently covered and situated within a gated community, enhancing security and tenant appeal. The four units are currently fully rented, providing immediate and consistent income generation. The asking price is $475,000, offering an attractive 8.00% cap rate. Unit layouts include a mix of two-bedroom and three-bedroom apartments, all equipped with modern kitchen appliances, custom cabinets, quartz countertops, and ceramic tile flooring. Added features include an automatic sprinkler system and private back patios enclosed by privacy fencing. This turnkey investment is ideal for both seasoned investors and those seeking a strong return on investment in a desirable location. The property's strong rental history and modern amenities make it a highly attractive option for tenants, ensuring long-term stability and profitability. This is a rare opportunity to acquire a fully occupied, income-producing property in a growing Texas market.

Highlights

  • Four-unit apartment building in Weslaco, TX.
  • Built in 2019, 4,200 square feet on a 0.224-acre lot.
  • Eight covered parking spaces in a gated community.
  • Currently 100% occupied, generating immediate income.
  • Asking price: $475,000, 8.00% cap rate.
  • Mix of two and three-bedroom units with modern finishes (appliances, cabinets, quartz countertops, ceramic tile).

Property Details for 2100 Taft St

Property type
Apartment buildings, Small apartment buildings
Square Feet
4,200 SF
Class
B
Year Built
2019
Buildings
2
Stories
1
Lot Size (sq. ft)
9,757 SF
Units
4

Location Insight

City
Weslaco
County
Hidalgo county
State
Texas
Latitude
26.1800092
Longitude
-98.0101719

FAQs

What type of property is this?
Apartment building - High-yield, 4-unit apartment building in Weslaco, TX
Where is the apartment building located?
The property is located at 2100 Taft St Weslaco, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four-unit apartment building in Weslaco, TX.; Built in 2019, 4,200 square feet on a 0.224-acre lot.; Eight covered parking spaces in a gated community.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2100 Taft St
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