1409 Alta Vista Dr - Multi-Family FOR SALE


Progreso Lakes, TX 78596
$970,000 USD
956-320-0511
1409 Alta Vista Dr, Progreso Lakes, TX for Sale
$970,000 USD
Multi-Family - FOR SALE
1/12
null | 5.67% Cap Rate

1409 Alta Vista Dr
Progreso Lakes, TX 78596


HIGHLIGHTS

  • High Occupancy properties
  • Desired Gated community

OVERVIEW

100% Rented. Outstanding investment opportunity in a gated community in Weslaco, TX! This fully leased, turnkey fourplexes features a desirable mix of four (4) 3BD/2BA units and four (4) 2BD/2BA units, offering excellent income potential and long-term value. Each unit includes granite countertops, wood-look tile flooring and covered carport parking. The property boasts attractive stone and stucco exteriors, combining curb appeal with low maintenance. Located in a high-demand rental market with consistent occupancy and professional management in place. A rare chance to acquire a cash-flowing asset in one of Weslaco’s premier communities. 100% occupied and ready for your portfolio!

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

8

PRICE/UNIT

$121,250

CAP RATE

5.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mira Vista Fourplexes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

M4820-00-003-0012-00,M4820-00-003-0013-00

ASK ABOUT THIS PROPERTY

Cynthia LandinLandin RealtyMore Info
956-320-0511

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Cynthia LandinLandin RealtyMore Info
956-320-0511

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.