708 E Sugar Cane Dr., Weslaco

$325,255

0 Beds
0 Baths
12,616 Sqft
.54 Acres
0 Garages

708 & 712 E Sugar Cane Dr are adjacent and identical properties, each consisting of two, three-unit apartment buildings that currently rent for $425/month/unit. All twelve units are two bedrooms, one and a half bathrooms, and feature spacious floor plans and central HVAC. The property is entirely fenced and offers a large, generously-shaded, grassy lawn for tenant enjoyment. With some minor improvements and renovation, rents could easily be grown 5% annually for the next three years. Currently being offered at a 9.5% cap rate.

Essential Information
MLS® #29713261
Price$325,255
Square Footage12,616
Acres0.54
Year Built1981
TypeMulti-Family
Sub-TypeApartment (10+)
StatusPending
Community Information
Address708 E Sugar Cane Dr.
AreaWeslaco
SubdivisionHeritage Square
CityWeslaco
CountyHidalgo
StateTX
Zip Code78599
Amenities
AmenitiesNo Special Amenities
FeaturesNone
ParkingNo Carport
GaragesNo Garage
Interior
InteriorTile, Vinyl/Linoleum
Interior FeaturesTile, Vinyl/Linoleum
AppliancesStove/Range, Refrigerator
HeatingBrick
Stories2
Exterior
ExteriorBrick, Wood
Lot DescriptionNone
FoundationSlab
Exterior Features

Deck/Balcony/Porch, Storage Building/Shed

School Information
DistrictWESLACO I.S.D.
ElementaryNorth Bridge
MiddleCentral
HighWeslaco-east
Listing Details
AgentZachary Sunderland
OfficeCHRE Cindy Hopkins Real Estate
Property History
Status Changed from Active to Pending
LISTING MAP

Listing information provided by Rio Grande Valley MLS. IDX Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS.

Listing information last updated on November 14th, 2019 at 3:38pm CST.