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624 W Santa Rosa

Edcouch, TX 78538
  • $1,000,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 385133
UPDATED: 11 min ago
$1,000,000
  • 0
    BEDS
  • 0.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,600
    SQFT
  • $79
    $/SQFT
Type:
Multi-Family
Built:
1985
County:
Area:

School Information

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

Description

Prominently stretching across 335' of the busy and growing highway 107 frontage (11,200 AADT, '19), this approximately 12,600 SF, 18 door apartment community is ripe with value-add opportunity. For the past several years, both management and residents neglected to care for the building and its systems. Since May of 2021, new ownership and management have had success in improving the property via capital expenditures and tighter collection policies, but the current owner is ready to let another investor take a shot at what could be a quick and lucrative ?x and ?ip opportunity.

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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 Jinks Realty. Data last updated: 2022-09-29T00:16:43.963.
www.jinksrealty.com/homes/130545407
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624 W Santa Rosa Edcouch, TX 78538

  • Price: $1,000,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 11 min ago
  • MLS #: 385133
0
Beds
0
Baths
0
½ Baths
0.86
Acres
12,600
SQFT
$79
$/SQFT
1985
Built
Neighborhood:
Edcouch Original Townsite
County:
Hidalgo
Area:
Edcouch
Elementary School:
Adame
Middle School:
Adams
High School:
Agua Dulce H.S.
School District:
Edcouch-Elsa ISD
Property Description
Prominently stretching across 335' of the busy and growing highway 107 frontage (11,200 AADT, '19), this approximately 12,600 SF, 18 door apartment community is ripe with value-add opportunity. For the past several years, both management and residents neglected to care for the building and its systems. Since May of 2021, new ownership and management have had success in improving the property via capital expenditures and tighter collection policies, but the current owner is ready to let another investor take a shot at what could be a quick and lucrative ?x and ?ip opportunity.
Exterior Features

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

Interior Features

Appliances Water Heater (In Attic)RefrigeratorStove/Range-Electric Smooth Cooling Central Air Cooling YN Yes Flooring Tile Heating Central Heating YN Yes Interior Features None Laundry Features None

Property Features

Association YN No Community Features None Green Energy Efficient Thermostat Maintenance Expense 0 Other Expense 0 Property Sub Type Multi Family Sewer City Sewer Tax Annual Amount 14691 Tax Year 2022 Water Source Public

Listing by Zachary Sunderland of Kingside Realty: 956-975-7481.
© 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 Jinks Realty. Data last updated: 2022-09-29T00:16:43.963.
 
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Jinks Realty
916 West Nolana Loop, Suite A
Pharr TX, 78577