3606 Sheraton Avenue

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3606 Sheraton Avenue

Pharr, TX 78577
Asking Price
$430K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 4 Units | $107,500/unit <ul><li>​4-unit multifamily in a gated community</li><li>​All units: 2BR / 2BA with appliances included</li><li>​2 units leased — immediate income</li><li>​2 units vacant — value-add opportunity</li><li>​4 individual electric meters</li><li>​4 individual water meters</li><li>​8 carport spaces</li><li>​Mature landscaping throughout</li><li>​HOA managed by Magnolia Property Management</li><li>​Near major roadways, schools, and retail</li><li>​Convenient access to expressway connection</li><li>​Com

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NOI
$80,000
Cap Rate
18.60%
DSCR
3.13
Strong
Cash-on-Cash
42.23%
Monthly Payment
$2,127.405
Annual Cash Flow
$54,471.135

Location & Travel Times