122 W Washington Ave - Apartments FOR SALE


Harlingen, TX 78550
$320,000 USD
956-355-4115
122 W Washington Ave, Harlingen, TX for Sale
$320,000 USD
Apartments - FOR SALE
1/10
null | 13.78% Cap Rate

122 W Washington Ave
Harlingen, TX 78550


OVERVIEW

9 units. One property. Strong value-add potential. This 9-unit multifamily property presents an opportunity for investors looking to add a cash-flowing asset to their portfolio with room to increase rents and improve overall performance. Located in the growing Rio Grande Valley, the property offers multiple income-producing units and the potential to create additional value through strategic management and improvements. Ideal for: • Investors looking to expand their multifamily portfolio • Value-add buyers • Long-term buy-and-hold investors • Investors seeking multiple income streams under one roof Opportunities like this are becoming harder to find in the RGV. Contact us for pricing, financials, rent roll, and additional property details.

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

9

PRICE/UNIT

$35,556

CAP RATE

13.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

-

APN/PARCEL ID

225190-0000-006000,225190-0000-007000

ASK ABOUT THIS PROPERTY

Herman LeeStratton OakmontMore Info
956-355-4115

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Herman LeeStratton OakmontMore Info
956-355-4115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.