$509,000

Quadruplex In San Juan

  • 4,456 Sqft
  • 10,416 Sqft lot
  • Updated: September 10
  • Source:
    Greater McAllen Association of REALTORS  MLS#514794

About the Property

Excellent investment opportunity in San Juan! Built in 2022, this modern fourplex features four spacious 3-bedroom, 2-bath units with approximately 1,114 sq. ft. each and combined monthly rents of $5,125. Offered at $509,000, the property generates $61,500 in annual gross income and an estimated $43,419 NOI, producing an attractive 8.53% cap rate based on the expenses provided.

Three matc
Excellent investment opportunity in San Juan! Built in 2022, this modern fourplex features four spacious 3-bedroom, 2-bath units with approximately 1,114 sq. ft. each and combined monthly rents of $5,125. Offered at $509,000, the property generates $61,500 in annual gross income and an estimated $43,419 NOI, producing an attractive 8.53% cap rate based on the expenses provided.

Three matching fourplexes are available and may be purchased individually or together as a 12-unit portfolio for $1,527,000. Combined, the portfolio generates approximately $184,500 in annual gross income with an estimated $130,257 NOI, maintaining an 8.53% cap rate—an outstanding opportunity to acquire newer construction with immediate income and long-term portfolio potential.
  • Property type

    Other

  • Floors

    1

  • Year built

    2022

  • Price/sqft

    $114

Explore the Area

409 Rafael Drive, San Juan, Texas, United States View on Google Maps
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Winners Circle - Mcallen

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Winners Circle - Mcallen
Texas, United States
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28
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2025
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Winners Circle - Mcallen
Mcallen, Texas, United States
View agency profile
Last updated
September 10
First listed
Sep 10
Listing reference
514794
Listing status
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