Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
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Listed by Monarca Real Estate Group LLC
$ 850,000

10,952 SqFt


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$ 850,000
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10,952 SqFt

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 10,952 sqft

Subdivision Ramos

MLS Listing ID 443427

HOA Y/N No

Originating Board Greater McAllen

Year Built 1993

Annual Tax Amount $15,814

Tax Year 2023

Lot Size 0.482 Acres

Acres 0.4821

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!

Location

State TX

County Hidalgo

Community Street Lights

Rooms

Other Rooms Laundry Facility

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate, Tile

Appliance Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer

Laundry Laundry Area, Laundry Closet, Washer/Dryer Connection

Exterior

Exterior Feature Balcony

Carport Spaces 20

Fence Barbed Wire, Chain Link

Community Features Street Lights

Waterfront No

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 20

Garage No

Building

Lot Description Corner Lot

Faces Head East on W Business 83 in Pharr and turn South on S Hibiscus Street and then West on W Park Avenue. Property is on the corner of Park Avenue and Hibiscus.

Story 2

Foundation Slab

Sewer City Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Aida C. Escobar

Middle Schools Kennedy

High Schools Psja South West H.S.

Others

Tax ID R075100000000100

Security Features Smoke Detector(s)

agent-avatar

+1(210) 852-6679

allcommoptions@gmail.com

2914 South Jackson Rd, United States

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901 W Park AVE