This Multifamily Property is Off-Market.

2610 Los Amigos
Harlingen, TX 78552 ·

64 Units · Multifamily For Sale

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Northridge Apartment Community

Price N/A Property Use Type Investment
No. Units 64 Cap Rate 9%
Building Size 50,550 SF No. Stories 2
Property Type Multifamily Lot Size 2.85 AC
Property Sub-type Garden/Low-Rise
Listing ID: 15636417 Date Created: 03/28/2008 Last Updated: 08/31/2009

Description

Fabulous investment opportunity in the Rio Grande Valley, an emerging market considered one of the fastest growing areas in Texas! This 64 unit apartment complex on 2.85 acres consists of 7 buildings built in phases. Phase I was built in 1997 and the last phase was completed in February 2008. Each two story, brick veneer, walk up apartment building is beautifully landscaped with open parking. Every unit has a balcony or patio and a great open floor plan. The property has a excellent unit mix with 10 3 bdrm/2 bath, 33 2bdrm/1 bath and 21 1 bdrm/1 bath. Each building has a coin operated laundry room.

Excellent location in a popular area off Loop 499. It is strategically located between Valley Baptist Medical Center and TSTC Community College. The location allows residents to have convenient access to area schools, restaurants, retail outlets and parks. Valley International Airport and Harlingen Medical Center are just minutes away. The property has great ingress and egress with easy access to Loop 499 and Hwy. 83.

Highlights

  • 18 units completed February 2008
  • Great Location
  • Well Maintained
  • Open Floor Plans

Research

2610 Los Amigos, Harlingen, TX 78552 (Cameron County)

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