Don't miss this fully occupied, income-producing four-plex located in the desirable Sunterra Subdivision. Generating approximately $53,400 in annual gross income with a current Net Operating Income (NOI) of approximately $35,255, this property is offered at an attractive 7.12% cap rate. 3 bedrooms and 2 bathrooms with functional layouts designed to attract and retain quality tenants. All units include appliances, providing added convenience and value. Located in a growing area with easy access to schools, shopping, dining, and everyday amenities, this property benefits from strong rental demand and excellent long-term investment potential. Property Highlights: Fully leased four-plex Four 3-bedroom, 2-bath units Gross Annual Income: $53,400 NOI: Approximately $35,255 Cap Rate: 7.12% Appliances included Strong rental history Prime Sunterra Subdivision location Immediate cash-flow opportunity Start generating income from day one-schedule your showing today!
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $495,000 | $123 | Effective Real Estate |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $12,745 |
Elementary School Lloyd M Bentsen Elementary | 3.6 miles away | PK - 05 | |
Elementary School Leal Elementary | 4.1 miles away | PK - 05 | |
Elementary School Hilda C Escobar - Alicia C Rios Elementary | 4.1 miles away | PK - 05 |