2900 N Texas Boulevard

    Weslaco, TX 78599
    • $5,900,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 306584
    UPDATED: 216 min ago
    $5,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 77,816
      SQFT
    • $76
      $/SQFT
    Type:
    Multi-Family
    Built:
    2009
    County:
    Area:

    School Information

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

    Description

    Palms Cabana, the centerpiece of a divided portfolio, was built in 2008 and 2009 and features 57 2/2s and 19 1/1s, and each unit is housed in its own freestanding building. Occupancy is strong in this gated community, and the grounds and improvements are well maintained by current owner's property management company. The property has $701,100 in gross scheduled rent with a 50% expense ratio.

    Monthly Payment Calculator

    © 2018 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 Jinks Realty. Data last updated: 2018-12-14T00:16:42.01.
    www.jinksrealty.com/homes/89681458

    2900 N Texas Boulevard Weslaco, TX 78599

    • Price: $5,900,000
    • Status: Active
    • Updated: 216 min ago
    • MLS #: 306584
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    77,816
    SQFT
    $76
    $/SQFT
    2009
    Built
    Neighborhood:
    Martin / Dream Valley Ranch
    County:
    Hidalgo
    Area:
    Weslaco
    Elementary School:
    Ybarra
    Middle School:
    Beatrize Garza
    High School:
    Weslaco H.S.
    School District:
    Weslaco ISD
    Property Description
    Palms Cabana, the centerpiece of a divided portfolio, was built in 2008 and 2009 and features 57 2/2s and 19 1/1s, and each unit is housed in its own freestanding building. Occupancy is strong in this gated community, and the grounds and improvements are well maintained by current owner's property management company. The property has $701,100 in gross scheduled rent with a 50% expense ratio.
    Exterior Features

    Exterior Features Patio Exterior Siding Wood Fence Type Decorative Metal Foundation Type Slab Garage Carport No CarportNo Garage Location Features None Pool YN No Roof Composition Shingle

    Interior Features

    Flooring Type Tile Interior Features None Water Heater Electric

    Property Features

    Community Amenities Curb & GutterGated EntranceSidewalks Energy Features None Hvac Central Maintenance Expense 83035 Other Expenses 136884 Poa YN No Property Insurance 25089 Property Sub Type Apartment Complex Reo No Taxes Wo Exemption 70793 Water Sewer City Sewer

    Listing by Zachary Sunderland of Chre - Cindy Hopkins Real Estate.
    © 2018 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 Jinks Realty. Data last updated: 2018-12-14T00:16:42.01.
     
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