1416 Petri Dr - Apartments FOR SALE


Weslaco, TX 78599- Donna/Weslaco/Mercedes
$460,000 USD
956-777-9340
1416 Petri Dr, Weslaco, TX for Sale
$460,000 USD
Apartments - FOR SALE
1/30
null | 8.57% Cap Rate

1416 Petri Dr
Weslaco, TX 78599
Donna/Weslaco/Mercedes


HIGHLIGHTS

  • High Occupancy Property
  • Gated Multi-Family Subdivision Minutes Away from Highway, Restaurants, Schools

OVERVIEW

Fully Leased Modern Fourplexes | Gated Community | Weslaco, TX Offered at: $460,000 per Fourplex (4 Doors) Availability: 9 Fourplexes | 36 Doors Total Year Built: Late 2022 – Early 2023 Location: Weslaco, TX – Ideal midpoint between McAllen and Brownsville Investment Highlights: • Fully Leased – Immediate Cash Flow • Gated Multifamily Subdivision with Modern Uniform Design • Tenant-Paid Utilities • Turnkey Investment Opportunity Located in the heart of Weslaco, these modern fourplexes offer the perfect balance of quality, convenience, and strong rental performance. The community is situated just minutes from highway access, schools, and shopping centers—highly desirable for both tenants and investors. Property Features: • Front Units: 2 Bedrooms / 2 Bathrooms • Rear Units: 3 Bedrooms / 2 Bathrooms • Modern Open-Concept Layouts with Wood-Look Tile Flooring Throughout (No Carpet) • Custom Kitchens with Large Islands, Quartz or Granite Countertops, and Premium Cabinetry (white or brown finishes vary by building) • Stainless Steel Appliances: Refrigerator, Stove, Microwave/ Washer, and Dryer Included • Spacious Bedrooms with Large Closets • Primary Suites with Tiled Showers, Glass Doors, and Walk-In Closets • Private Fenced Yards: Rear units feature grassed backyards, Front units feature concrete side yards • Eight (8) Designated Carport Spaces per Fourplex All properties are fully leased, providing investors with immediate and reliable income. Available individually or as a bulk portfolio of nine (9) buildings totaling 36 doors. For more information or to schedule a private showing, contact: Listing Agent is related to Seller. Seller/Listing Agent is a licensed real estate agent in Texas.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$3 USD /SF

# OF UNITS

4

PRICE/UNIT

$115,000

CAP RATE

8.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verona Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,639 SF

ZONING

Multi-Family

APN/PARCEL ID

A0800-00-000-1038-03

ASK ABOUT THIS PROPERTY

Daniela PerezDaniela PerezMore Info
956-777-9340

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Daniela PerezDaniela PerezMore Info
956-777-9340

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