Stabilized
$798,000
8-Unit Multifamily in Pharr, TX
Hidalgo County, TX · listed Jan 16, 2025 (649 days)
Price per unit compared
This property$100K
Within ~40 mi (199)$81K
Texas median (1,196)$92K
- $/unit
- $99,750
- ▲ 8% vs TX · 55th pct
- Cap rate
- 6.4%
- ▼ 1.0 pts vs TX median
- NOI
- $51K
- $6,392/unit/yr
- Units
- 8
- 4 bldg · 2007
Financials
- Asking price
- $798,000
- Price per unit
- $99,750
- Price per sq ft
- $98
- Gross rent / year
- Not stated
- Net operating income
- $51,134
- NOI per unit
- $6,392
- Cap rate
- 6.4%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- 2/2 BED/BATH
- Buildings
- 4
- Year built
- 2007
- Building size
- 8,112 sq ft
- Avg unit size
- 1,014 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jan 16, 2025
- Days on market
- 649 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1265
About this property
(address on request) to be sold alongside (address on request) Two Four-Plex units available with great rental history. Properties are located close to shopping, dining, entertainment, McAllen Miller International Airport, and International Bridge Crossings. Rent Roll available upon request. Contact Michael Liu for more details.
8 Unit Muti Family Deal
Highlights
- 8 Units
- Two Fourplex's
- 2/2 BED/BATH
- Long Term Tenants
- LOW HOA
- Gated
- 100% Fully Occupied
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Pharr, TX | $520K | $65K$65K | 7% |
 Pharr, TXStabilized | $520K | $65K$65K | 7% |
 Mcallen, TXOwner financing | $700K | $88K$88K | — |
 Pharr, TXStabilized | $1.59M | $114K$114K | 10.4%gy |
 Pharr, TXStabilized | $760K | $84K$84K | 10.7%gy |
 Mcallen, TXStabilized | $379K | $63K$63K | 7.7% |