$7,500,000

Apartment In Weslaco

  • 77,325 Sqft
  • 6.55 Ac lot
  • Updated: Today
  • Source:
    Greater McAllen Association of REALTORS  MLS#515451

About the Property

78 UNIT WESLACO APARTMENT COMPLEX FOR SALE! With a 98.4% Occupancy Rate in 2025, this complex is a surefire winner! Everything has been kept in excellent condition, which is evidenced by the tenant longevity and the fabulous appearance of the property overall. A mix of unit types and sizes gives tenants options and helps fill vacancies quickly, rarely encountering a 90-day vacancy. The location is
78 UNIT WESLACO APARTMENT COMPLEX FOR SALE! With a 98.4% Occupancy Rate in 2025, this complex is a surefire winner! Everything has been kept in excellent condition, which is evidenced by the tenant longevity and the fabulous appearance of the property overall. A mix of unit types and sizes gives tenants options and helps fill vacancies quickly, rarely encountering a 90-day vacancy. The location is great, being super close to the Expressway and to entertainment and dining options. The property is in 4 Phases. Phase 1 has 19 Units including 5 1 Bed/1 Baths and 14 2/2s. Phase 2 has 6 1 Bed/1 Baths, 17 2/2s, and one 1800 sf 3/2 with a 2 car garage. Phases 3 and 4 are all 2/2s. The 1 Bedroom units are 875 sf except for one 775 sf unit. The 2 Bed units are all 1000 sf. Expenses on the property have run high recently, but aggressive measures are being taken to reduce costs and increase rents. Documents and Financials are available to review with an LOI and NDA.
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  • Property type

    Apartment

  • Floors

    1

  • Year built

    2005

  • Price/sqft

    $96

Features

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3801 E Moreland Road, Weslaco, Texas, United States View on Google Maps
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Marcus Phipps Real Estate Llc - Harlingen

Joined 11 months ago
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Marcus Phipps Real Estate Llc - Harlingen
Texas, United States
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4
Listings
2025
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Marcus Phipps Real Estate Llc - Harlingen
Harlingen, Texas, United States
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Last updated
Today
First listed
September 25
Listing reference
515451
Listing status
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