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    300 State Highway 107 Street

    Elsa, TX 78543
    • $3,300,000
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 348278
    UPDATED: 43 min ago
    $3,300,000
    • 0
      BEDS
    • 2.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 32,462
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:
    Area:

    School Information

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

    Description

    Presenting The Village at La Plazita Apartment Complex. An income producing - 36 Unit Apartment Complex in Elsa, Texas. Not only was this property completed in early 2020, it is also almost 100% rented/occupied with a gross rental income of $367,000 annually making it irresistible to savvy investors. This gated complex features over 900 square ft, 2 bedroom 2 bathroom units equipped with all stainless steel appliances for quick move-in. Each unit is renting for $850 a month with a $500 deposit. Located just minutes from grocery stores, restaurants, major roads and shopping plazas, this property creates a quick travel time to popular destinations. The Village at La Plazita offers a unique opportunity to own a new-construction multi-family investment property with a one year builder warranty.

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    © 2021 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: 2021-01-18T20:16:29.177.
    www.jinksrealty.com/homes/112882216
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    300 State Highway 107 Street Elsa, TX 78543

    • Price: $3,300,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 348278
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.08
    Acres
    32,462
    SQFT
    $102
    $/SQFT
    2019
    Built
    Neighborhood:
    Plaza Central
    County:
    Hidalgo
    Area:
    Elsa
    Elementary School:
    Lbj
    Middle School:
    Truan Junior High
    High School:
    Edcouch-Elsa H.S.
    School District:
    Edcouch-Elsa ISD
    Property Description
    Presenting The Village at La Plazita Apartment Complex. An income producing - 36 Unit Apartment Complex in Elsa, Texas. Not only was this property completed in early 2020, it is also almost 100% rented/occupied with a gross rental income of $367,000 annually making it irresistible to savvy investors. This gated complex features over 900 square ft, 2 bedroom 2 bathroom units equipped with all stainless steel appliances for quick move-in. Each unit is renting for $850 a month with a $500 deposit. Located just minutes from grocery stores, restaurants, major roads and shopping plazas, this property creates a quick travel time to popular destinations. The Village at La Plazita offers a unique opportunity to own a new-construction multi-family investment property with a one year builder warranty.
    Exterior Features

    Carport Spaces 72.00 Exterior Features OtherSprinkler System Exterior Siding StoneStucco Fence Type OtherPartialPrivacyWood Foundation Type Slab Garage Carport Front EntryNo Garage Location Features Cul-De-Sac LotSidewalksSprinkler System Pool YN No Roof Flat

    Interior Features

    Flooring Type Tile Interior Features Built-InsCeiling FansDryerMicrowaveSmoke Alarm(S)Walk-In ClosetWasher Water Heater Electric

    Property Features

    Community Amenities Other Energy Features OtherProgrammable Thermostat Hvac CentralElectric Maintenance Expense 0 Other Expenses 0 Poa YN No Property Insurance 0 Property Sub Type Apartment Complex Reo No Special Features 1 Year Warranty Taxes Wo Exemption 27017 Water Sewer City SewerPublic Water

    Listing by Bianca Maree of Encore Fine Properties.
    © 2021 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: 2021-01-18T20:16:29.177.
     
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    204 E Cano Street, Suite 2.111
    Edinburg TX, 78539