0 Maria Jose DrWeslaco, TX 78599
- Residential income homes
Property Details for 0 Maria Jose Dr
- Year built
- 2024
- Property type
- Residential income homes
Description
This exceptional investment opportunity features an 18-unit multifamily portfolio in Weslaco, Texas. The property consists of nine single-story buildings on a 50,001 square foot lot, built in 2024 and zoned for multi-family use. The portfolio includes three different unit types, offering a mix of one, two, and three-bedroom units, generating a projected annual gross income of $252,000. The pro-forma net operating income (NOI) is estimated at $174,630. Conveniently located less than five minutes from Expressway 83, local schools, and shopping areas, this property offers strong rental demand and easy access to key amenities. The property boasts a Class B rating and includes three additional parking pads. This is a 100% ownership opportunity with significant potential for strong returns. The property's APN numbers are V3150-00-000-0001-00, V3150-00-000-0002-00, and V3150-00-000-0003-00. This is a turnkey investment ready to generate immediate income.
Location Insight
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Latitude
- 26.1761
- Longitude
- -97.9587
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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