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$2,500,000 For Sale

700a W Us Highway 83
San Juan, TX 78589

1 unit | Multi Family Home
4.22 acres - MLS# 315029
Property Photo
1/9

Description

49 separate mobile homes make up 57 rentals. Based on current calculated expenses and sustained income, this property is showing a capitalization rate of 8.3%.

Features

  • County/Area: Hidalgo County
  • Directions: From Veterans Rd, Go East On Business 83 To The First Turn In To The Left (North), About 0.1 Miles.
  • Elementary School: Sorenson
  • Exterior Features: Motorized Gate
  • Fence Type: Chain Link
  • Garage: No Carport
  • Garage Carport: No Carport
  • Gross Operating Income: 338280
  • High School: Psja H.s.
  • Listing Status: Active
  • Location Features: Irregular Lot, Mature Trees
  • Lot Size: 4.2200
  • Lot Sq Ft: 183823
  • Maintenance Expense: 12386
  • Middle School: Austin
  • Number Of Buildings: 49
  • Other Expenses: 86968
  • Price Per SqFt: 2349.62
  • Property Insurance: 5654
  • Property Type: Multi Family Home
  • RATIO Current Price By Acres: 592417.06
  • RATIO List Price By Original Lis: 1.00000
  • School District: Psja Isd
  • Sq.Ft.: 1064
  • Stories: 1 Story
  • Sub Type: Other Multi-Unit
  • Subdivision: Woods, M L #6
  • Subdivision/Neighborhood: Woods, M L #6
  • Taxes WO Exemption: 9036
  • Units: 1
  • Units Total: 55
  • Water Sewer: City Sewer, Public Water
  • Year Built: 1995
  • Zip Code: 78589

Courtesy of:


Jinks Realty
502 West University Drive
Edinburg, TX 78539
Phone: 956-429-3232
Email: lee@jinksrealty.com

Testimonials

My wife and I had a great experience with Nina since the very beginning; from the first day we met to discuss what we were looking in a house, to the day it was time to sign, she was there every step of the way. Nina is very knowledgeable and always to go that extra mile for her customer. Glad we  had her by our side! malejandro916
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