San Juan, Texas

405 Rafael Drive

San Juan, TX 78589

$509,000

Recámaras

N/A

Baños

N/A

Pies cuadrados

4,456

Terreno

0.24 acres

Año de construcción

2022

Tipo

Multi-family

Estatus

For Sale

MLS #

514796

Acerca de esta casa

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. And there's still room to negotiate - which means...an even BETTER CAP RATE.

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