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1601 Hyatt Ave

18 Unit Block of Flats £1,960,241 (£108,902/Unit) 8.10% Net Initial Yield Pharr, TX 78577

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Investment Highlights

Excellent proximity to major highways and airport
Brand new construction

Established and well maintained multi family community

Executive Summary

INCOME GENERATING investment opportunity in Pharr, Texas!! This brand new 18 unit apartment complex is strategically located in an established and thriving community. The well maintained complex is thoughtfully designed to maximize space and comfort. The units feature modern amenities, tasteful finishes, an expansive green area, ample parking, and have attractive curb side appeal. Investors seeking a steady stream of income, call to schedule your showing today!

Property Facts

Price	£1,960,241	Apartment Style	Garden
Price Per Unit	£108,902	Building Class	B
Sale Type	Investment	Lot Size	1.42 AC
Net Initial Yield	8.10%	Building Size	18,144 SF
Gross Rent Multiplier	9.64	Number of Floors	1
No. Units	18	Year Built	2023
Property Type	Residential	Parking Ratio	3.53/1,000 SF
Property Subtype	Apartment Multifamily Dormitory

Price	£1,960,241
Price Per Unit	£108,902
Sale Type	Investment
Net Initial Yield	8.10%
Gross Rent Multiplier	9.64
No. Units	18
Property Type	Residential
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Garden
Building Class	B
Lot Size	1.42 AC
Building Size	18,144 SF
Number of Floors	1
Year Built	2023
Parking Ratio	3.53/1,000 SF