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420 Jr

Progreso, TX 78596
  • $650,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 381547
$650,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,040
    SQFT
  • $92
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:
Area:

School Information

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

Description

Calling all investors! New 8 apartment complex in growing town of Progresso, Tx. This complex features 8 two bed two bath units with a projected rent of $750 each and a projected Cap rate of almost 9%!!! Property includes tankless water heaters and foam insulation on the roof to make them energy efficient. Property has 8 water meters, so the owner's monthly expenses are minimum. Call today for your private showing before they are gone! 956-240-3789

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© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
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 eReal Estate Depot. Data last updated: 2022-07-06T00:16:33.177.
www.dollyelizondo.com/homes/128050405
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420 Jr Progreso, TX 78596

  • Price: $650,000
  • Status: Active
  • On Site: 71 Days
  • MLS #: 381547
0
Beds
0
Baths
0
½ Baths
0.49
Acres
7,040
SQFT
$92
$/SQFT
2022
Built
Neighborhood:
La Reyna
County:
Hidalgo
Area:
Progreso
Elementary School:
Progreso
Middle School:
Dorothy Thomas
High School:
Progreso H.S.
School District:
Progreso ISD
Property Description
Calling all investors! New 8 apartment complex in growing town of Progresso, Tx. This complex features 8 two bed two bath units with a projected rent of $750 each and a projected Cap rate of almost 9%!!! Property includes tankless water heaters and foam insulation on the roof to make them energy efficient. Property has 8 water meters, so the owner's monthly expenses are minimum. Call today for your private showing before they are gone! 956-240-3789
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials Brick Covered Spaces 0 Exterior Features Other Fencing Decorative Metal Foundation Details Slab Garage YN No Other Structures Outbuilding (None) Parking Features No CarportNo Garage Parking Total 0 Pool YN No Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric Water HeaterOther Cooling Central AirElectric Cooling YN Yes Flooring Tile Interior Features Ceiling Fan(S)Walk-In Closet(S) Laundry Features Laundry Closet

Property Features

Association YN No Community Features None Green Energy Efficient Other Maintenance Expense 80 Other Expense 0 Property Sub Type Multi Family Sewer City Sewer Tax Annual Amount 10349 Tax Year 2021 Utilities Cable Available

Listing by Daniel Leal of Re/Max Elite.
© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
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 eReal Estate Depot. Data last updated: 2022-07-06T00:16:33.177.
 
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