6220 N 11th Street, McAllen, TX 78504
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Beds
n/a Full bath
40269 SqFt
Active
Welcome to an incredible investment opportunity to expand your real estate portfolio with the Valencia Apartments. This property presents the chance to add 52 more doors to your investment portfolio. The Valencia Apartments offer a diverse mix of living spaces, including two-bedroom, one-bedroom, and studio apartments. Situated in a prime location in McAllen, just off 10th Street, residents enjoy easy access to the heart of the city's amenities and attractions.This property generates over $400,000 in annual gross revenue, underlining its potential for significant cash flow. Don't miss out on this extraordinary investment opportunity in the thriving McAllen real estate market. Reach out today to learn more about the Valencia Apartments and seize this lucrative venture.
Property Details | ||
|---|---|---|
| Price | $3,900,000 | |
| Lot Size Area | 2.1139 | |
| Lot Size Area Units | Acres | |
| Acres | 2.1139 | |
| Property Type | MultiFamily | |
| Sub type | Apartment | |
| MLS Sub type | Apartment | |
| Stories | 2 | |
| Features | Ceiling Fan(s) | |
| Exterior Features | Balcony, BBQ Pit/Grill | |
| Year Built | 1985 | |
| Subdivision | Smith Village # 1 | |
| Roof | Other, Shingle | |
| Heating | Central | |
| Foundation | Slab | |
| Lot Description | Corner Lot | |
| Laundry Features | Laundry Area | |
| Pool features | In Ground | |
| Parking Description | No Garage | |
Geographic Data |
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| Directions | Head north on 10th st, turn west into W Jay Ave, take a right on N 11th st, property is located on your right hand side. | |
| County | Hidalgo | |
| Latitude | 26.26024 | |
| Longitude | -98.221656 | |
Address Information | ||
| Address | 6220 N 11th Street, McAllen, TX 78504 | |
| Postal Code | 78504 | |
| City | McAllen | |
| State | TX | |
| Country | United States | |
Listing Information |
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| Listing Office | Imperio Real Estate Llc | |
| Listing Office Phone | 956-803-0341 | |
| Listing Office Email | jvaldez1980@yahoo.com | |
| Listing Agent | Adolfo Landa | |
| Listing Agent Phone | 956-803-0341 | |
| Buyer Agency Compensation | 1.50% | |
| Terms | Cash, Conventional, Other | |
School Information |
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| District | McAllen ISD | |
| Elementary School | Rayburn | |
| Middle School | Morris | |
| High School | McAllen H.S. | |
MLS Information |
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| Days on market | 27 | |
| MLS Status | Active | |
| Listing Last Modified | Apr 14, 2024 | |
| Tax ID | S385001000000100 | |
| Tax Year | 2023 | |
| Tax Annual Amount | 47054 | |
| MLS # | 430699 | |
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