Description
This unique and spacious property features 12 1 br/1ba apartments, with their own kitchens, as well as a 2 br/1 ba home, and a covered back patio, on a huge oversized lot, making it the perfect investment for any investor hoping to expand their portfolio, especially with a 10.9% cap rate. Over 90% of the space is occupied. Additional features include renovations in some units, 12+ parking spaces, window AC units, and an on-site property manager (whose rent is covered by Landlord). This property is conveniently-located 1.6 miles from HEB, 2 miles from Walmart, 5.8 miles from Target, Marshalls, etc., 1.4 miles from Tropical Smoothie, the city lake, etc. 7.3 miles from Texas State Technical College, and 7.3 miles from the airport. *Crystal Pedraza, of RGV Abstract's Harlingen location, REQUIRED as the Escrow Officer. 24+ Hour notice for Showings REQUIRED. Tenants should not be disturbed.*
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0BEDS
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0.77ACRES
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0BATHS
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01/2 BATHS
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4,800SQFT
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$97$/SQFT
School Information
Description
This unique and spacious property features 12 1 br/1ba apartments, with their own kitchens, as well as a 2 br/1 ba home, and a covered back patio, on a huge oversized lot, making it the perfect investment for any investor hoping to expand their portfolio, especially with a 10.9% cap rate. Over 90% of the space is occupied. Additional features include renovations in some units, 12+ parking spaces, window AC units, and an on-site property manager (whose rent is covered by Landlord). This property is conveniently-located 1.6 miles from HEB, 2 miles from Walmart, 5.8 miles from Target, Marshalls, etc., 1.4 miles from Tropical Smoothie, the city lake, etc. 7.3 miles from Texas State Technical College, and 7.3 miles from the airport. *Crystal Pedraza, of RGV Abstract's Harlingen location, REQUIRED as the Escrow Officer. 24+ Hour notice for Showings REQUIRED. Tenants should not be disturbed.*