Description
This is an amazing opportunity to step into a fully leased, 9 unit apartment complex in Pharr, TX! With a mixture of 9 units, the majority being 3 bed / 2 bath, this complex is as turn key as it gets! With an NOI of almost $50,000, this is a property that is not only strong and vibrant now, but also has a strong upside were the new owner to decide to take action. All leases are on 12 months, and the roof was recently replaced in 2016. The HVAC and water heater units are less than 7 years old for most units. Lots of parking and a very desirable location round out this great investment! Call today before its too late!
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0BEDS
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0.64ACRES
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0BATHS
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01/2 BATHS
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7,998SQFT
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$97$/SQFT
School Information
Description
This is an amazing opportunity to step into a fully leased, 9 unit apartment complex in Pharr, TX! With a mixture of 9 units, the majority being 3 bed / 2 bath, this complex is as turn key as it gets! With an NOI of almost $50,000, this is a property that is not only strong and vibrant now, but also has a strong upside were the new owner to decide to take action. All leases are on 12 months, and the roof was recently replaced in 2016. The HVAC and water heater units are less than 7 years old for most units. Lots of parking and a very desirable location round out this great investment! Call today before its too late!
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 Key Realty. Data last updated: 2023-12-07T00:17:59.267.