2612 & 2714 Mile 17 1/2 Active

Edinburg,TX 78541

$ 1895000

- Bed

- Bath

20160 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 20,160 sqft

Price per Sqft $93

Subdivision Encinos Escondidos #2

MLS Listing ID 408985

HOA Y/N No

Originating Board Greater McAllen

Year Built 1999

Annual Tax Amount $45,773

Tax Year 2023

Lot Size 1.603 Acres

Acres 1.6032

Property Description

Welcome investors to a fantastic opportunity to own a 24-unit apartment complex in a prime location near UTRGV. With a new roof and one of the units recently remodeled, showcasing the potential for the entire complex to be upgraded and modernized. This gives investors the chance to add value and increase rental income through renovations and improvements. Alternatively, the complex can continue to operate as is, providing stable and consistent cash flow for investors. Don't miss out on this incredible chance to own a well-positioned apartment complex with the potential for growth and increased returns.

Location

State TX

County Hidalgo

Community Curbs,Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater,No Conveying Appliances

Laundry None

Exterior

Exterior Feature None

Carport Spaces 48

Fence None

Community Features Curbs,Street Lights

View Y/N No

Roof Type Other

Total Parking Spaces 48

Garage No

Building

Faces Head North coming from S McColl Rd, Turn right onto W Mile 17 1/2 Rd/Russell Rd. Apartments will be on the right side.

Story 1

Foundation Slab

Sewer City Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Cavazos

Middle Schools B.L. Garza

High Schools Edinburg North H.S.

Others

Tax ID E597002000014900

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