Christian Estates Luxury Fourplex 105 Lauryn 105 Lauryn Dr 4 Unit Apartment Building $535,000 ($133,750/Unit) 8.31% Cap Rate San Juan, TX 78589
INVESTMENT HIGHLIGHTS
- Fantastic location just off nolan loop, a main access route to restaruants, gyms, banks, theatures, parks and recreation areas, schools, colleges,
- Fully tiled beautiful guest bath, and spa like master shower, and private master bathroom
- Lots of natural light, LED fixtures, Stainless Steel Kitchen appliances, large bedrooms, and large closets!
EXECUTIVE SUMMARY
A beautiful brand new Fourplex is now available in a new small Gated community right off Nolana Loop, in San Juan, Texas, a small community that is part of the McAllen Texas MSA. Modern design with 2 large- 3 bed/2 ba and 2- 2bed/2bath units. Long lasting high quality surfaces, and built in features that attract tenants. The Fourplex is Move-in ready! Quality design with Stainless Steel kitchen appliances, and Microwave,Washer/Dryer included in units, kitchen has thick quartz countertops with bar, walk-in closets and private yards located very close to McAllen, UTRGV, City Center, restaurants, shopping, La Plaza Mall. Quiet Area but close to everything. These units are perfect for anyone one looking for an investment property. With a gray neutral color scheme that flows from the exterior into the interior of each unit, this property is the essence of modern, contemporary, sleek design.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$63,600
|
$15.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$63,600
|
$15.90
|
| Taxes |
$11,500
|
$2.88
|
| Operating Expenses |
$7,250
|
$1.81
|
| Total Expenses |
$18,750
|
$4.69
|
| Net Operating Income |
$44,850
|
$11.21
|
PROPERTY FACTS
| Price | $535,000 |
| Price Per Unit | $133,750 |
| Sale Type | Investment |
| Cap Rate | 8.31% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 4,148 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 1.93/1,000 SF |
| Zoning | Residental Multi-Family - Multi-family fourplex and fiveplex community. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Yard
- Island Kitchen
- Window Coverings
- Large Bedrooms
- Quartz Countertops
SITE AMENITIES
- Fenced Lot
- Gated
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 10+2 | 4 | - | 4,148 |
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CONTACT
-
Janet Clement -
Spirit Real Estate
