Stabilized
$2,220,000
27-Unit Multifamily in Pharr, TX
TX · listed Aug 21, 2025 (433 days)
Price per unit compared
This property$82K
Within ~40 mi (200)$82K
Texas median (1,196)$92K
- $/unit
- $82,222
- ▼ 11% vs TX · 41st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 27
- 4 bldg · 1994
Financials
- Asking price
- $2,220,000
- Price per unit
- $82,222
- Price per sq ft
- $109
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 27
- Unit mix
- 26 units with 2 bedrooms and 1 bath, plus 1 unit with 1 bedroom and 1 bath
- Buildings
- 4
- Year built
- 1994
- Building size
- 20,430 sq ft
- Avg unit size
- 757 sq ft
- Lot size
- 0.88 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 21, 2025
- Days on market
- 433 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1353
About this property
Nestled in the heart of Pharr, TX, this fully leased 27-unit apartment complex offers an outstanding investment opportunity. Residents enjoy convenient access to dining, shopping, entertainment, and all just minutes away. With easy access to expressway and major thoroughfares like Jackson Rd and Business 83, commuting is quick and convenient. The property features 26 units with 2 bedrooms and 1 bath, plus 1 unit with 1 bedroom and 1 bath. A valuable addition to any portfolio, offering reliable rental income and a prime location!
Multifamily | 27 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
High yield | $850K | $53K$53K | 10.5% |
High yieldStabilized | $1.75M | $88K$88K | 9% |
Stabilized | $880K | $73K$73K | — |
| $520K | $65K$65K | 7% | |
Stabilized | $520K | $65K$65K | 7% |
Value-add | $849K | $71K$71K | — |