Discover a prime investment opportunity in Palmview, TX! This 12-unit apartment complex is perfectly located on a generous 1.95-acre lot, less than 0.3 miles from Hwy 83, ensuring access to local amenities in Mission and McAllen, TX. Each apartment offers comfortable living spaces that promote high occupancy rates, making this property an excellent addition to your investment opportunity portfolio. The current setup features all residential units in the back, while the front portion is ripe for potential rezoning to commercial use. Imagine constructing a vibrant commercial plaza that caters to the community's needs while enjoying steady residential income. With ample space available for further development, this property presents an ideal chance for forward-thinking investors to tap into the growing demands to tap into the growing demands for mixed-use spaces in the area. Don't miss this fantastic opportunity to own a versatile piece of real estate in a thriving Texas market!
219 days
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25
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2
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Zillow last checked:
Listing updated:
Listed by:
Cecilia Olivarez956-353-2401,
Hch Realty
Source: Greater McAllen AOR,MLS#: 491817
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 12
Heating
Has Heating (Unspecified Type)
Cooling
Central Air
Appliances
Included: Electric Water Heater, No Conveying Appliances
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.