1501 Sam Houston St | Harlingen, TX 78550
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1501 Sam Houston St
Harlingen, TX 78550
Willow Ridge Apartments · Multifamily Property For Sale
·
124 Units
INVESTMENT HIGHLIGHTS
- 124 Units
- 11.09% Proforma Cap
- 2018 Renovations
- 6.42% Cap
- 96% Occupancy
- Harlingen, TX
PROPERTY FACTS
| No. Units | 124 | Lot Size | 4.04 AC |
| Property Type | Multifamily | Building Size | 122,501 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1982/2018 |
| Zoning | Commercial | ||
| No. Units | 124 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.04 AC |
| Building Size | 122,501 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1982/2018 |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Garden
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Grill
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 33 | $621.00 | 752 |
| 1+2 | 19 | $726.00 | 1,015 |
| 2+1 | 27 | $702.00 | 864 |
| 2+2 | 44 | $774.00 | 1,216 |
| 3+2 | 1 | $725.00 | 1,216 |
PROPERTY TAXES
| Parcel Number | 245750-0000-004000 | Improvements Assessment | $4,360,882 |
| Land Assessment | $175,980 | Total Assessment | $4,536,862 |
PROPERTY TAXES
Parcel Number
245750-0000-004000
Land Assessment
$175,980
Improvements Assessment
$4,360,882
Total Assessment
$4,536,862
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