2905 Highland Dr.

    MCALLEN, TX 78501
    • $3,000,000
    • STATUS: Active
    • ON SITE: 311 days
    • MLS #: 29714907
    UPDATED: 43 min ago
    $3,000,000
    • 0
      BEDS
    • 2.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 52,229
      SQFT
    • $57
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Download the offering memorandum at http://properties.chopkinsrealestate.com/402479-sale This portfolio consists of twelve freestanding buildings divided among six properties located in two of the most prominent cities in the Rio Grande Valley. There are 29 multifamily units in Edinburg and 30 in McAllen, for a total of 59 units that together make up 52,229 square feet of leasable space. The largest of the Edinburg properties, 1611 Norma, was completed in 1974 and consists of 20 2 bedroom/2 baths, making up a third of the entire portfolio. The largest of the McAllen properties, 2901 - 2909 Highland Ave, was completed in 1980 and consists of 18 2 bedroom/1 bath and also makes up about a third of the entire portfolio. All together, the portfolio commanded $383,000 in scheduled rent in 2017

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    © 2019 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Monica Benavides Team at Keller Williams Realty LRGV. Data last updated: 2019-09-23T06:51:22.783.
    www.monicabenavidesteam.com/homes/89437373

    2905 Highland Dr. MCALLEN, TX 78501

    • Price: $3,000,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 29714907
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.7
    Acres
    52,229
    SQFT
    $57
    $/SQFT
    1985
    Built
    Neighborhood:
    La Lomita
    County:
    Hidalgo
    Area:
    Mcallen
    Elementary School:
    Adam
    Middle School:
    6TH GRADE CAMPUS
    High School:
    Achieve
    School District:
    Allamoore I.S.D.
    Property Description
    Download the offering memorandum at http://properties.chopkinsrealestate.com/402479-sale This portfolio consists of twelve freestanding buildings divided among six properties located in two of the most prominent cities in the Rio Grande Valley. There are 29 multifamily units in Edinburg and 30 in McAllen, for a total of 59 units that together make up 52,229 square feet of leasable space. The largest of the Edinburg properties, 1611 Norma, was completed in 1974 and consists of 20 2 bedroom/2 baths, making up a third of the entire portfolio. The largest of the McAllen properties, 2901 - 2909 Highland Ave, was completed in 1980 and consists of 18 2 bedroom/1 bath and also makes up about a third of the entire portfolio. All together, the portfolio commanded $383,000 in scheduled rent in 2017
    Exterior Features

    Carport Details No Carport Construction Slab Exterior Features None Exterior Siding Brick Fence Type None Garage Details No Garage Location Features None Outbuildings None Street Type Paved

    Interior Features

    Conveying Appliances Stove/RangeRefrigerator Energy Features None Flooring Vinyl/Linoleum Heating System Central Interior Features None Special Features None Water Heater Electric

    Property Features

    Community Amenities No Special Amenities Proposed Financing CashConventional REO No Water Sewer Public

    Listing provided courtesy of Zachary Sunderland of Chre Cindy Hopkins Real Estate. © 2019 Harlingen Board of Realtors Multiple Listing Service.
    © 2019 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Monica Benavides Team at Keller Williams Realty LRGV. Data last updated: 2019-09-23T06:51:22.783.
     
    The Monica Benavides Team at Keller Williams Realty LRGV
    1713 E Tyler Ave. Ste A
    Harlingen TX, 78550