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1415 W Freddy Gonzalez Dr
Edinburg, TX 78539
Vista De Palmas Apartments · Multifamily Property For Sale
·
96 Units
Investment Highlights
- Excellent T12 effective rent growth.
- Significant value-add potential remaining.
- Potential to make further rent increases through continuing loss-to-lease burnoff.
- The McAllen-Edinburg MSA is home to a population of over 880,000.
Property Facts
| No. Units | 96 | Building Size | 72,536 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2001 |
| Building Class | B | Parking Ratio | 2.31/1,000 SF |
| Lot Size | 6.21 AC | ||
| Zoning | RM | ||
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 6.21 AC |
| Building Size | 72,536 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2001 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | RM |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Ceiling Fans
- Refrigerator
- Walk-In Closets
Site Amenities
- Fitness Center
- Pool
- Property Manager on Site
- Tennis Court
- Gated
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 56 | - | 502 - 702 |
| 2+1 | 20 | - | 821 |
| 2+1.5 | 9 | - | 903 |
| 2+2 | 5 | - | 1,034 - 1,075 |
| 3+2 | 4 | - | 1,111 |
| 3+2.5 | 2 | - | 1,425 |
Property Taxes
| Parcel Number | T2100-00-274-0007-14 | Improvements Assessment | $4,309,328 |
| Land Assessment | $1,690,672 | Total Assessment | $6,000,000 |
Property Taxes
Parcel Number
T2100-00-274-0007-14
Land Assessment
$1,690,672
Improvements Assessment
$4,309,328
Total Assessment
$6,000,000
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