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1416 Petri Dr
Weslaco, TX 78599

$485,000 USD

Apartments For Sale  •  211,232 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,050 SF
  • Lot Size 0.22 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 7.80 %
  • Zoning Multi-Family
0 Transit Score
17 Walk Score

Highlights

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

Financial Summary (Actual)

Net Operating Income: $38,000 USD (2024)
Cap Rate: 7.80 %
Total Expenses: $16,000 USD

Amenities

  • Air Conditioning
  • Controlled Access
  • Fenced Lot
  • Microwave
  • Washer/Dryer
  • Gated
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Wi-Fi
  • Yard
  • Dining Room
  • Double Pane Windows
  • Framed Mirrors
  • Freezer
  • Instant Hot Water
  • Island Kitchen
  • Lawn
  • Patio
  • Window Coverings
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
McAllen International 28 min - 20.4 mi
Valley International 32 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Daniela Perez 956-777-9340 Daniela Perez
Daniela Perez 956-777-9340 Daniela Perez