Dominions Weslaco, LLC

The best multifamily units in the Rio grande Valley.

Address

West Pike Weslaco Texas.

Phone

956-622-8897

Email

fredgperezii@gmail.com

What is Dominions Weslaco
LLC?

Get to Know Dominions Weslaco:

Dominions Weslaco is the pinacle of contemporary living right in the heart of one of the fastest-growing cities in the US. These exquisite fourplexes perfectly blend sophistication and functionality, carefully crafted to capitalize your Return On Investment and satisfy the savviest investor's 1% rule. 13-foot ceilings create an expansive and airy atmosphere. Luxurious quartz countertops and tile floor featured throughout, delivering both style and ease of maintenance. The stucco exterior complements the building's architecture, exuding a contemporary charm that sets it apart from the rest.

PROPERTY INFORMATION

TOTAL UNITS --- 65 Quadplexes
UNITS AVAILABLE --- 22 Quadplexes
MAXIMUM 3/2 AVAILABLE --- 16 Quadplexes
ZONING --- MF
SITE AREA (sq. ft./ acres) --- 871,200 / 20

BED/BATH/SQFT :
2-Bed/2-Bath/3,440 SqFt
3-Bed/2-Bath/3,752 SqFt

EXPECTED COMPLETION
3-6 Months

PROPERTY HIGHLIGHTS

Major Corporate Headquarters Nearby: Army National
Guard, Glazer's Beer &Beverage, H-E-B Distribution
Center, Texas Department of Public Safety, U.S. Customs
&Border Patrol, IDEA Public Schools Administration,
Johnson Controls, KRGV TV (ABC Affiliate), Rio Grande
Valley Partnership, and the Lower Rio Grande Valley
Development Council.
Mid Valley Airport: Corporate airport located within the
Mid Valley Industrial Park. Features a 6,000 ft runway.
Industrial Parks: Mid Valley Industrial Park & Mid Valley
International Industrial Park.
Notable Companies Expanding to Weslaco: Texas
Roadhouse, Paris Bakery, Juice Us, Benjamin Moore
Paints, Cita's Boutique, Alure Nails &Spa, Stefano's
Brooklyn Pizza, Hot Yoga, Dutch Bros Coffee, and Glazer's
Beer &Beverage.
Real Estate & Rental Demand: High demand area with a
housing shortage of over 2,000 units.

INVESTMENT OVERVIEW

PROFORMA CAP RATE

UNITS ---- 2-Bed/2-Bath
COST/UNITS ---- $475,000

MONTHLY RENT ---- $4,900
ANNUAL RENT ---- $58,800
VACANCY 10% ---- $5,880
PROP TAXES 2.52% ---- $12,005
PROP MNGMT 7% ---- $3,704.40
INSURANCE ---- $1,632
HOA ---- $400

ANNUAL CASH ---- $35,183.64
MONTHLY CASH ---- $2,931.97
CAP RATE ---- 7.41%

UNITS ---- 3-Bed/2-Bath MIX
COST/UNITS ---- $490,000

MONTHLY RENT ---- $5,300
ANNUAL RENT ---- $63,600
VACANCY 10% ---- $6,360
PROP TAXES 2.52% ---- $12,257.89
PROP MNGMT 7% ---- $4,006.80
INSURANCE ---- $1,632
HOA ---- $400

ANNUAL CASH ---- $38,943.31
MONTHLY CASH ---- $3,245.28
CAP RATE ---- 8.03%