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1113 Hibiscus

Mcallen, TX 78501
  • $2,600,000
  • STATUS: Active
  • ON SITE: 113 Days
  • MLS #: 381647
UPDATED: 48 min ago
$2,600,000
  • 0
    BEDS
  • 1.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 22,427
    SQFT
  • $116
    $/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 Greater McAllen Association of Realtors Multiple Listing Service.
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. Data is deemed reliable but is not guaranteed accurate by the MLS or The Maggie Harris Team | Keller Williams Realty. Data last updated: 2022-08-14T22:16:39.93.
www.maggieharristeam.com/homes/127993130
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1113 Hibiscus Mcallen, TX 78501

  • Price: $2,600,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 48 min ago
  • MLS #: 381647
0
Beds
0
Baths
0
½ Baths
1.34
Acres
22,427
SQFT
$116
$/SQFT
1998
Built
Neighborhood:
Broadlawn Terrace
County:
Hidalgo
Area:
Mcallen
Elementary School:
Milam
Middle School:
Morris
High School:
Mcallen H.S.
School District:
Mcallen ISD
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 Spaces 0 Carport YN No Construction Materials Brick Covered Spaces 0 Fencing Chain Link Foundation Details Slab Garage YN No Lot Features Corner LotCurb & Gutters Other Structures Laundry Facility Parking Features No CarportNo Garage Parking Total 0 Patio And Porch Features Covered Patio Pool YN No Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric Water HeaterRefrigeratorStove/Range Cooling Central AirElectricOtherWindow Unit(S) Cooling YN Yes Flooring Tile Laundry Features Laundry Area

Property Features

Accessibility Features Ada Accessible Association YN No Community Features None Green Energy Efficient None Maintenance Expense 0 Other Expense 2700 POAMandatory YN No Property Sub Type Apartment Complex Sewer City Sewer Tax Annual Amount 44649 Tax Year 2022 Utilities Cable Available Water Source Public

Listing by Tana Springer of Exp Realty, Llc.
© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
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. Data is deemed reliable but is not guaranteed accurate by the MLS or The Maggie Harris Team | Keller Williams Realty. Data last updated: 2022-08-14T22:16:39.93.
 
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The Maggie Harris Team | Keller Williams Realty
833 N Ware Rd
McAllen TX, 12345