For Sale
$1,250,000

1104 Jesse StWeslaco, TX 78596

High-Yield Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2022-built multifamily property in Weslaco, Texas, presents a compelling investment opportunity. Comprising two buildings on a spacious 22,368 square foot lot, this 8-unit complex boasts a strong rental income stream. The property features a mix of unit sizes: four three-bedroom, two-bathroom units and four two-bedroom, two-bathroom units. Each unit showcases a modern, open-concept design with high ceilings, sleek LED lighting, and spacious kitchens equipped with granite countertops and stainless steel appliances. All units include in-unit laundry with washer and dryer hookups. Residents enjoy private backyards and the convenience of tile flooring throughout. The property's prime location offers easy access to the International Bridge, Walmart, HEB, South Texas College, local parks, and major freeways. Currently 100% occupied, this property generates a substantial gross annual income of $115,800, making it an attractive investment with significant potential for future growth. The asking price is $1,250,000. This turnkey investment is ready for immediate income generation. The address is 1104 W Jesse Street, Weslaco, TX 78596.

Highlights

  • $1,250,000 asking price.
  • Eight-unit multifamily apartment building.
  • New construction (2022), two buildings on a 22,368 sq ft lot.
  • Unit mix: four 3 bed/2 bath, four 2 bed/2 bath.
  • Located at 1104 W Jesse Street, Weslaco, TX 78596; 100% occupied with a strong annual gross income of $115,800.

Property Details for 1104 Jesse St

Property type
Apartment buildings, Small apartment buildings
Year Built
2022
Buildings
2
Units
8

Location Insight

City
Weslaco
County
Hidalgo
State
Texas
Latitude
26.1387723
Longitude
-97.9800213
1104 Jesse St, Weslaco, Texas

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1104 Jesse St
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