About 720 E Sugarcane Drive
Turn key investment opportunity up for Grabs.. This apartment complex currently fully occupied offers an excellent opportunity to generate rental income at a great location of mid valley city of Weslaco. This complex is low maintenance highly profitable business that not only makes sense but can be incorporated into your new portfolio without the blink of an eye. The apartments are professionally managed by third party for transparency and inquiries. These units are 2 bedrooms, 1.5 bath each with 2 carports currently rented in the $850 range each.
Features of 720 E Sugarcane Drive
| MLS® # | 469104 |
|---|---|
| Price | $600,000 |
| Square Footage | 7,680 |
| Acres | 0.48 |
| Year Built | 1983 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 720 E Sugarcane Drive |
|---|---|
| Subdivision | Heritage Square #2 |
| City | Weslaco |
| County | Hidalgo |
| State | TX |
| Zip Code | 78599 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Parking | Attached |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet |
| Community Amenities | None |
Interior
| Interior Features | Built-in Features, Ceiling Fan(s) |
|---|---|
| Appliances | Electric Water Heater, Electric Cooktop |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Total # of Units | 8 |
| # of Buildings | 2 |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Alley, Curb & Gutters |
| Roof | Composition Shingle |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Weslaco ISD |
|---|---|
| Elementary | North Bridge |
| Middle | Cuellar |
| High | Weslaco East H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Annual Tax | $13,822 |
| Gross Income | $6,800 |
| HOA Association | No |
Listing Details
| Agent | Gabriel Ugalde |
|---|---|
| Office | NextHome RGV Realty |
| Contact Info | 956-776-8888 |