This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

121 E Quamasia Ave
McAllen, TX 78504
Villas de Nolana · Multifamily Property For Sale · 120 Units

Investment Highlights

  • CAPTIVATING INVESTMENT OPPORTUNITY :: Unique Opportunity for New Investor to Increase Rental Revenue and Take Advantage of Growing Submarket
  • SEAMLESS CONNECTIVITY :: RGV is Home to 3 Major Interstates/Highways, 7 Airports, 11 International Bridges, 4 Railroads, and 1 Seaport
  • ENTHRALLING SHIFT IN DEMOGRAPHICS :: Within 3 Miles of Property, AHI is $87,004 [double city of Harlingen] and 77% Have College Education

Property Facts

No. Units 120
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 4.75 AC
Building Size 121,443 SF
Average Occupancy 92%
No. Stories 2
Year Built 2004
Parking Ratio 1.78/1,000 SF
Zoning RM

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Range
  • Walk-In Closets
  • Yard
  • Pantry
  • Patio
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • Business Center
  • Clubhouse
  • Fenced Lot
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Security System
  • Grill
  • Pet Play Area
  • Volleyball Court
  • Storage Space
  • Lounge
  • Sundeck

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 $756.50 562 - 575
1+1 44 $861.00 733 - 793
2+2 57 $1,174 1,158 - 1,184
3+2 15 $1,258 1,284 - 1,302

Property Taxes

Property Taxes

Parcel Number
T6400-03-000-000A-00
Land Assessment
$1,324,800
Improvements Assessment
$9,075,200
Total Assessment
$10,400,000
  • Listing ID: 29192371

  • Date on Market: 8/4/2023

  • Last Updated:

  • Address: 121 E Quamasia Ave, McAllen, TX 78504

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}