3810 W Sarah Evans Street

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3810 W Sarah Evans Street

Edinburg, TX 78541
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

4 Units <ul><li>​<strong>~8% Cap Rate at $360K</strong></li><li>​<strong>$42,600 Annual Gross Income | $29K NOI</strong></li><li>​<strong>Consistent Occupancy – Units Re-leased in Under 30 Days</strong></li><li>​<strong>Recent CapEx: A/C Units (2 & 3) Replaced Within 2 Years</strong></li><li>​<strong>Newly Paved Driveway/Carport (Improved Tenant Appeal)</strong></li><li>​<strong>Value-Add Opportunity – Potential to Increase Rents</strong></li><li>​<strong>Low Operating Expenses with Clear Financials</st

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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