1701 Avocet Avenue, Mcallen, TX 78504

$5,640,000
68,024
SqFt

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List Price
$5,640,000
Status
ACTIVE
MLS#
510074
Living Area
68,024
Lot Size (Acres)
2.977
Year Built
1982

Property Description

Excellent investment opportunity! Parklane Apartments is a 94-unit complex spanning 9 buildings near Bicentennial Blvd and Dove Ave in North McAllen. Unit mix includes 34 one-bed/one-bath units (each with a private patio) and 60 two-bed/one-bath units, all conveying with a stove and refrigerator. Built in 1982, the property features on-site laundry, a swimming pool, tennis court, and basketball court, and is professionally managed with an established tenant screening process. This location is a proven value-renter magnet! Adjacent to Bill Schupp Park, minutes from Doctors Hospital at Renaissance, and close to South Texas College and UT Rio Grande Valley. Easy access to I-2 and I-69C, plus proximity to La Plaza Mall and Downtown's 17th Street entertainment district, adds tenant appeal. Located within McAllen ISD. A solid, stable asset in one of South Texas's strongest markets. Don't miss this opportunity!

Additional Information

Area
Mcallen
Subdivision
Parklane
Taxes
$154,393
Stories
2
Interior Features
Ceiling Fan(s)
Amenities
Curbs, Pool, Tennis Available
Exterior Features
Mature Trees
Pool Description
In Ground, Fenced
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
City Sewer
School District
McAllen ISD
Elementary School
Milam
Middle School
Morris
High School
McAllen H.S.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Esmeralda Rubi Torres with Keller Williams Realty Rgv