806 N 27th St - Apartments FOR SALE


Harlingen, TX 78550
$1,250,000 USD
956-906-5016
806 N 27th St, Harlingen, TX for Sale
$1,250,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

806 N 27th St
Harlingen, TX 78550


HIGHLIGHTS

  • Well-maintained
  • clean apartment units inside and out
  • Natural light

OVERVIEW

Well-maintained and exceptionally clean apartment units inside and out. These fully occupied, income-producing properties are turn-key and ready to start generating returnscurrently bringing in nearly $130, 000 in gross scheduled income annually. 16 2 bedroom 1 bath units + Laundry Room.The current owner has held the property for over 15 years and has consistently kept it in excellent condition, with no deferred maintenance. An experienced onsite managerin place for over 10 yearshandles rent collection and ensures the property runs smoothly. Bonus: The middle lot is included in the sale and offers the potential to build up to 8 additional units (buyer to verify with the city)

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

16

PRICE/UNIT

$78,125

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

814 N 27th St, Harlingen

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,577 SF

ZONING

A-C

APN/PARCEL ID

184063-0020-021000,184063-0020-022000,184063-0020-023000

ASK ABOUT THIS PROPERTY

Hector HaroNESMITH PROPERTIES LLCMore Info
956-906-5016

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

Hector HaroNESMITH PROPERTIES LLCMore Info
956-906-5016

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