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1113 Hibiscus Ave

MCALLEN, TX 78501
  • $2,600,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 29734945
$2,600,000
  • 0
    BEDS
  • 1.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,242
    SQFT
  • $1,160
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1998
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

One of two great income-producing opportunities! This 34-unit complex is located off of Hibiscus Ave & North 10th St. A mix of 1/1, 2/1, and 2/2. Rents range from $475-$685 and all with room for rent increases. They all include a stove and refrigerator. 100% Occupied and over 200 inquiries when a unit becomes available. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $230,880 GOI with a potential over $300,000 Again, 100% fully occupied - this property is an investment opportunity waiting to be added to your investment portfolio!

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© 2022 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX PLATINUM. Data last updated: 2022-08-11T23:51:15.66.
www.remaxplatinumrgv.com/homes/131422438
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1113 Hibiscus Ave MCALLEN, TX 78501

  • Price: $2,600,000
  • Status: Active
  • On Site: 13 Days
  • MLS #: 29734945
0
Beds
0
Baths
0
½ Baths
1.34
Acres
2,242
SQFT
$1,160
$/SQFT
1998
Built
Neighborhood:
Broadlawn Terrace
County:
Hidalgo
Area:
Mcallen
Elementary School:
Milam
Middle School:
Morris
High School:
Mcallen
School District:
Mcallen I.S.D.
Property Description
One of two great income-producing opportunities! This 34-unit complex is located off of Hibiscus Ave & North 10th St. A mix of 1/1, 2/1, and 2/2. Rents range from $475-$685 and all with room for rent increases. They all include a stove and refrigerator. 100% Occupied and over 200 inquiries when a unit becomes available. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $230,880 GOI with a potential over $300,000 Again, 100% fully occupied - this property is an investment opportunity waiting to be added to your investment portfolio!
Exterior Features

Carport Details No Carport Construction Slab Exterior Features Patio Exterior Siding Brick Fence Type None Garage Details No Garage Location Features Corner LotCurb & GutterSidewalks Outbuildings Laundry Facility Stories One Street Type Paved

Interior Features

Conveying Appliances RefrigeratorStove/Range Energy Features None Flooring Tile Heating System CentralElectricWindowOther-See Remarks Interior Features Cable TvSmoke Alarm(S) Special Features Off Street ParkingStreet ParkingInternet Access Water Heater Electric

Property Features

Community Amenities No Special Amenities Multifamily Type Apartment (10+) Proposed Financing CashConventional REO No Sewer Public Sewer Water Public

Listing provided courtesy of Tana Springer of Exp Realty, Llc. © 2022 Harlingen Board of Realtors Multiple Listing Service.
© 2022 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX PLATINUM. Data last updated: 2022-08-11T23:51:15.66.
 
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