901 W Park Avenue, Pharr, TX 78577
- $850,000
- 10,952
- SqFt
- List Price
- $850,000
- Status
- PENDING
- MLS#
- 443427
- Living Area
- 10,952
- Lot Size (Acres)
- 0.48210000000000003
- Year Built
- 1993
Property Description
Welcome to 901 W Park Ave, a lucrative investment property offering 16 units in Pharr, Texas. Built in 1993, this very well maintained asset generates a net operating income of $89,250, boasting an impressive 10.5% cap rate (not including management expenses). Priced at $850,000, the owner is willing to sell the property in two or willing to give a discount to a buyer who buys the whole apartment complex, promising steady rental income and TONS of potential for growth. Don't miss out—schedule a viewing today!
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Additional Information
- Area
- Pharr
- Subdivision
- Ramos
- Taxes
- $15,814
- Tax Year
- 2023
- Stories
- 2
- Interior Features
- Ceiling Fan(s), Walk-In Closet(s)
- Amenities
- Street Lights
- Living Area
- 10,952
- Exterior Features
- Balcony
- Community Features
- Street Lights
- Lot Size
- 20,999
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- PSJA ISD
- Elementary School
- Aida C. Escobar
- Middle School
- Kennedy
- High School
- PSJA South West H.S.
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Listing courtesy of Jorge Valdez with Monarca Real Estate Group Llc