704 Sioux RdPharr, TX 78577

For Sale
$475,000

Modern 4-unit apartment complex, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 2018-built multifamily property, located at 704 W Sioux Road in Pharr, Texas, presents a compelling investment opportunity. The property consists of two buildings encompassing four units, situated on a spacious 19,500.07 square foot lot. Three units boast two bedrooms and two bathrooms each, while one unit offers three bedrooms and two bathrooms. Each unit showcases a contemporary design, featuring porcelain tile flooring throughout, a sizable kitchen island perfect for entertaining, and modern stainless steel appliances. Individual electric and water meters for each unit ensure efficient utility management, with an additional electric meter dedicated to security cameras and exterior lighting. The property's prime location in Pharr, TX, offers convenient access to local amenities and transportation. This move-in ready property is ideal for investors seeking a strong return on investment or for those looking for a multi-unit property with immediate rental income potential. The property's modern design and efficient layout contribute to its high appeal to renters, ensuring consistent occupancy and strong cash flow. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving Texas market. The asking price is $475,000.

Highlights

  • $475,000 asking price.
  • Four-unit multifamily apartment building (duplex/triplex/quadruplex).
  • Built in 2018.
  • Two buildings on a 19,500 sq ft lot.
  • Located at 704 W Sioux Road, Pharr, TX 78577.

Property Details for 704 Sioux Rd

Property type
Multifamily properties, Apartment buildings
Year Built
2018
Buildings
2
Units
4

Location Insight

City
Pharr
County
Hidalgo
State
Texas
Latitude
26.2204301
Longitude
-98.1893277
704 Sioux Rd, Pharr, Texas

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704 Sioux Rd
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