3603 Sheraton Avenue

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3603 Sheraton Avenue

Pharr, TX 78577
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Four-unit multifamily apartment building located in Pharr, Texas.
  • Property situated at the address 3603 Sheraton Avenue.
  • Located within the growing Rio Grande Valley economic region.
  • Asset type suitable for residential investment and rental income.
  • Positioned near major regional transportation and logistics hubs.

What's Special

This multifamily apartment building contains four units and is located at 3603 Sheraton Avenue in Pharr, Texas. The property is situated within the Rio Grande Valley, a region defined by its expanding population and proximity to international trade routes. Investors targeting this submarket often seek residential assets that serve the workforce supporting the local logistics, manufacturing, and agricultural sectors. The compact scale of this asset makes it a candidate for a streamlined management portfolio or a small-scale investment play. Pharr benefits from its connectivity to major regional thoroughfares and a stable economic environment bolstered by cross-border commercial activity. Prospective buyers should consider the utility of these units in addressing the ongoing demand for housing in this Texas metro area, which continues to attract new residents seeking regional employment opportunities. This asset offers a straightforward entry point into the local rental market for those looking to expand their presence in South Texas.

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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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