1514 Hope Drive is listed for sale at $ 18,000,000. This is a Multi-Family property. 93150 square feet and was built in 2024. The lot size is 18 Acres. BRInstitutional-quality Build-to-Rent investment opportunity in the growing Valley Ranch Estates community in Mercedes, Texas. This 81-home single-family rental portfolio is approximately 95% occupied and features a mix of 3- and 4-bedroom homes, generating approximately $1.7 million in stabilized annual gross income with an estimated NOI of $1.06 million. Ideally located just off Expressway 83 behind the Rio Grande Valley Premium Outlets, the property offers exceptional access to major retail, dining, and employers. A rare opportunity to acquire a stabilized, income-producing residential community with strong cash flow and long-term growth potentia.lComplete financial package, rent roll, and additional due diligence materials available upon request.