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101 N Alamo

Alamo, TX 78516
  • $1,075,000
  • STATUS: Active
  • ON SITE: 232 Days
  • MLS #: 400607
UPDATED: 25 min ago
$1,075,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,791
    SQFT
  • $158
    $/SQFT
Neighborhood:
Rio
Type:
Commercial
Built:
1988
County:
Area:

School Ratings & Info

Description

Calling all investors!! This mixed-use property consists of 4 apartments, 1 manufactured home, and 3 commercial spaces (currently being used as childcare facility, snack shop & beauty spa). Instantly generate revenue with roughly $7,400 in monthly gross rents from the leases that are in place! All units are currently leased and occupied, each having at least one designated parking space for tenants use. The on-site laundry facility provides a convenient amenity for tenants and an additional source of revenue for the owner, currently averaging roughly $400 of monthly income. All units are individually metered power. Refrigerator and stove convey in each apartment. Situated in a very easily accessible, high traffic area, corner of a major intersection for high visibility (Business 83 and Alamo Rd)

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© 2024 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 Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-09-18T11:16:52.037.
www.ryanandbrian.com/homes/147042636
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101 N Alamo Alamo, TX 78516

  • Price: $1,075,000
  • Status: Active
  • On Site: 232 Days
  • Updated: 25 min ago
  • MLS #: 400607
0
Beds
0
Baths
0
½ Baths
0.47
Acres
6,791
SQFT
$158
$/SQFT
1988
Built
Neighborhood:
Rio
County:
Hidalgo
Area:
Alamo
Property Description
Calling all investors!! This mixed-use property consists of 4 apartments, 1 manufactured home, and 3 commercial spaces (currently being used as childcare facility, snack shop & beauty spa). Instantly generate revenue with roughly $7,400 in monthly gross rents from the leases that are in place! All units are currently leased and occupied, each having at least one designated parking space for tenants use. The on-site laundry facility provides a convenient amenity for tenants and an additional source of revenue for the owner, currently averaging roughly $400 of monthly income. All units are individually metered power. Refrigerator and stove convey in each apartment. Situated in a very easily accessible, high traffic area, corner of a major intersection for high visibility (Business 83 and Alamo Rd)
Exterior Features

Carport Spaces 2 Carport YN Yes Construction Materials BlockOther Covered Spaces 18 Exterior Features Storage Garage YN Yes Grounds None Lot Features See Remarks Parking Features Paved Parking Total 18 Road Frontage Type City Street Roof Clay Tile

Interior Features

Appliances Electric Water Heater Cooling Central AirOther HVAC Cooling YN Yes Flooring Tile Heating CentralOther HVAC Heating YN Yes

Property Features

Association YN No Current Use Business ServiceDaycareOtherRetail Green Energy Efficient None Presently Leased YN Yes Property Sub Type Commercial Tax Annual Amount 9131 Tax Year 2021 Water Source Separate Water Meters

Listing by Sylvia (Astrid) Munoz of Pinnacle Realty Advisors: 972-591-3988.
© 2024 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 Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-09-18T11:16:52.037.
 
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The Ryan & Brian Real Estate Team | Tierra Frontera, LLC
833 E. Esperanza Ave, Ste. A
McAllen TX, 78501